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    GEO-SPATIAL DATA AND CARTOGRAPHIC TECHNIQUES TO TRACK, COMPARE AND REPRESENT LONGER TERM DEVELOPMENTS : SURVEY
    ECONOMIC SURVEY HIGHLIGHTS AGILE AND MULTI-PRONGED APPROACH ADOPTED BY INDIA TO COMBAT COVID-19
    WITH REVIVAL OF ECONOMY, EMPLOYMENT INDICATORS BOUNCED BACK TO PRE-PANDEMIC LEVELS DURING LAST QUARTER OF 2020-21
    GOVERNMENT’S SPENDING ON SOCIAL SERVICES INCREASES SIGNIFICANTLY DURING THE PANDEMIC
    MORE THAN 5.5 CRORE HOUSEHOLDS PROVIDED TAP WATER SUPPLY SINCE START OF THE JAL JEEVAN MISSION IN 2019
    Strategic Buyer Approved for Privatisation of Neelachal Ispat Nigam Ltd
    Finance Minister Smt. Nirmala Sitharaman authorises release of advance installment of tax devolution to State Governments amounting to ₹ 47,541 ...
    Investor Education and Protection Fund Authority (IEPFA) signs MoU with Indira Gandhi National Open University (IGNOU) for promoting Investor Educatio...
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    January 31, 2022
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    Geo spatial data to track and visualise long term economic and infrastructure development for policy relevant monitoring.
    Geospatial data and advanced cartographic techniques are recommended as systematic tools for tracking, comparing and representing long term economic and physical development using satellites, drones, mobile phones and improved cartography. Applications illustrated include night time luminosity mapping for electricity access and economic concentration, satellite monitoring of annual water storage and agricultural cycles, and comparative mapping of transport and urban infrastructure - national highways, operational airports and metro rail networks - to quantify spatial expansion and inform policy relevant tracking of development.
    January 31, 2022
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    Vaccination as macro economic indicator drives reopening and economic recovery through mass immunisation, domestic production and digital rollout.
    India implemented an agile, multi pronged COVID 19 response combining calibrated containment measures, rapid scaling of testing and medical supplies, and mission mode expansion of health infrastructure. Vaccination was positioned as a macro economic indicator and operational priority, with liberalised procurement, expanded eligibility, domestic production support, free provision and digital platforms for registration, tracking and certification. Fiscal commitments raised budgeted health expenditure and launched institutional initiatives to strengthen primary through tertiary care, while national survey data indicate improvements in fertility, mortality, sex ratio and child nutrition outcomes.
    January 31, 2022
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    Employment recovery: formal sector subscriptions and rural work demand rebounded, prompting targeted livelihood policy support.
    Employment indicators recovered to near pre-pandemic levels by late 2020-21, with EPFO data in 2021 showing monthly net additions that exceeded both 2020 and corresponding months of 2019, reflecting formalization of the job market. Aggregate demand for MGNREGS work stabilised after the second COVID wave but remained above pre-pandemic levels, with state-wise variation between migrant-source and migrant-recipient states. PLFS 2019-20 shows large workforce additions concentrated in rural agriculture and among female workers. The Survey emphasises targeted livelihood and social protection measures to support employment and formalisation.
    January 31, 2022
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    Social services spending expanded during the pandemic, driving increased health and education allocations and policy responses.
    The Survey records increased government allocations to the Social Services sector during the pandemic, with higher shares of expenditure and GDP devoted to health and education in 2021-22. Pre-pandemic 2019-20 education indicators showed improved enrollments, reduced dropout rates, better teacher availability, and expanded school infrastructure such as tap water supply. Pandemic-era data (ASER 2021) shows shifts from private to government schools, rises in some out-of-school cohorts, unequal access to remote learning, and an array of government mitigation measures including textbook distribution, broadcast/digital content, and mainstreaming guidelines for migrant children.
    January 31, 2022
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    Universal rural tap water supply expanded under the Jal Jeevan Mission with prioritized coverage and technology-enabled transparency.
    The Jal Jeevan Mission seeks to provide individual household tap connections for safe drinking water to rural households by 2024, reporting over 5.5 crore household connections since 2019. The Mission prioritises quality-affected, drought-prone and desert villages, select scheme villages, and public institutions, and requires technology-enabled transparency and accountability through an IMIS, dashboards, a mobile app, IoT sensor monitoring, geo-tagging, Aadhaar linkage and PFMS transactions to monitor quantity, quality and regularity in real time.
    January 31, 2022
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    Strategic privatisation of a public steel enterprise enables transfer of equity and liabilities with escrowed proceeds and employee priority.
    Approval was given for strategic disinvestment of 93.71% of NINL through an open competitive bidding process under DIPAM and the Alternative Mechanism. The transaction transfers selling shareholders' equity and enterprise liabilities as of the cut off; the successful bidder must sign the SPA, pay an initial escrow deposit, and complete closing payments. Proceeds will be used to set off liabilities and then distributed among selling shareholders per the Waterfall Agreement, which gives top priority to employee dues. The sale is on a going concern basis and includes a one year buyer lock in and obligations to respect VRS terms for employees.
    January 20, 2022
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    Tax devolution: advance instalment authorised, doubling States' January entitlement to bolster capital and developmental spending.
    A second advance installment of tax devolution was authorised, matching the regular January monthly devolution so that States receive double their monthly entitlement to bolster immediate liquidity for capital and developmental expenditure related to CoVID-19 response. The release follows a prior identical advance instalment and complements an earlier back-to-back loan made to States in lieu of GST compensation shortfall; a state-wise schedule details regular, advance, and total releases for January.
    January 12, 2022
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    Investor education partnership expands: MoU enables broadcast financial literacy via university television channel to reach youth nationwide.
    A memorandum of understanding with IGNOU establishes a broadcast partnership to advance investor education and financial literacy via the Gyan Darshan channel through a live tele-lecturing series featuring experts and regulators, focused on outreach to youth and wide public dissemination.

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