Economic Survey

Highlights of Economic Survey 2011-12 .

Economic Survey Pegs Industrial Growth at 4-5% in the Current Financial Year Survey Calls for Boosting of Business Sentiments, Encouraging Investment and Identifying Bottlenecks Industrial Sector Expected to Rebound During Next Financial Year.

Achievements in Some Infrastrucutre Sector ‘Remarkable’ Need to Attract Large Scale Investment into Infrastructure.

Empowerment of Women:Major Advancements over the Years.

Public Health Investment Increases Substantially.

Mgnrega:Coverage Increases to 5.49 Crore Households During 2010-11 Government Sets up Committee for Developing Index for Fixing Mgnrega Wage Rates 13 Crore Aadhar Numbers Generated.

Education: Reform Process Continues in 2011-12 Aakash, Low Cost Computing Device Launched.

Labour Bureau Survey Indicates Upward Trend in Employment Since July 2009 Maintained.

Lower Carbon Sustainable Growth to be Central Element of 12th Plan; Economic Survey Seeks More Sensitivity from Developed Countries to Carbon Emissions.

Services Sector Proves Saviour of Indian Economy During the Global Crisis; Grows by 9.4% Despite Slowing GDP Growth.

Public Sector Banks Show 19 Per Cent Growth in Priority Sector Lending Credit Disbursement to Agri Sector Exceed Target by 19 Per Cent; Over 127 Lakh New Farmers Benefitted 98 Per Cent Public Sector Bank Branches Fully Computerised.

Volatality in Global Financial Markets Likely to Tighten Availability and Cost of Foreign Funding Indian Banks Maintain Robustness Amidst Euro Zone Crisis Government Measures Mitigate Liquidity Stress.

Forex Reserve at Us $ 293 Billion; External Debt Stock at US $ 326 Billion Rupee Declines by 12.4 Per Cent Against Dollar on Month-to-Month Basis Oil, Gold And Silver Prices Contribute to Modest Rise in Current Account Deficit.

India’s Cumulative Export Growth up 23.5 Per Cent During April 2011–Jan 2012; Total Exports US $ 242.8 Billion Exports from Sezs up 14.5 Per Cent at Rs. 2,60,973 Crore upto Dec 2011.

Indian Economy Holds out Despite Global Uncertainty.

Government Takes Calibrated Steps to Rein in Inflation Survey Emphasises the Need for Rapid Fiscal Consolidation Growth Rate Expected to Pick up in 2012-13 India’s Cris Rating Improves by Nearly three Percent.

Options to Ensure Price Stability in Food Items – Economic Survey.

Economic Survey Forecasts 2.5 Percent Growth for AGRO Sector Survey Suggests FDI in Multi Brand Retail to Address Infrastructure GAPS.

Inflation to Moderate Further in 2012 Renewed Focus on Supply Side Measures Essential for Price Stability – Economic Survey.

Summary of Economic Survey Survey Pegs GDP Growth At 6.9% in 2011-12 Outlook Brighter for Next Fiscals.

Economic Growth Outlook signals need for fiscal consolidation and investment to revive industry and stabilise prices. The Economic Survey forecasts moderate GDP recovery and a rebound in industry while emphasising the need for fiscal consolidation, liquidity management, and measures to restore business confidence and attract investment. It stresses services-led resilience, accelerated infrastructure investment, social sector strengthening, enhanced rural employment schemes with improved wage indexing, banking sector outreach gains, and supply-side actions to stabilise prices amid external pressures.

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Economic Survey

March 15, 2012

Economic Growth Outlook signals need for fiscal consolidation and investment to revive industry and stabilise prices.

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March 15, 2012

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Economic Growth Outlook signals need for fiscal consolidation and investment to revive industry and stabilise prices.

Topics