Category: Economy

Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter 14 – From Competitive Federalism to Competitive Sub-Federalism: Cities as Dynamos Introduction India, urbanisation is rapidly on the rise. As recently as 1991, there were only 220 million Indians living in cities, equivalent to about one-quarter of the population. By 2011, there were no less…

Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter 13 – The ‘Other India’: Two Analytical Narratives on States’ Development Overview: This chapter looks into If the problems associated with foreign aid and natural resources internationally also cause issues in the Indian states. If the redistributive resource transfers (RRT) from the Centre and revenue…

Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter 12 – India on the Move and Churning: New Evidence Introduction From ages, the people migrate for work and education and this has brought about structural transformation of economies of countries by distribution of surplus labour from low productive agriculture activity to high productive manufacturing…

Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter 11 – One Economic India: For Goods and in the Eyes of the Constitution On the basis of a new “Big Data” set available from the Goods and Service Tax Network (GSTN- invoice level data on interstate movement of goods), it seems (Contrary to perception)…

Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter 10 – Income, Health and Fertility: Convergence Puzzles: Introduction Since 1980s India has been experiencing a rapid growth rate compared to its previous low levels of post-independence ‘Hindu Growth rate’. Thus India and its states should show convergence with other countries of the world in…

Download Complete Economic Survey 2016-17 Summary Here Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter – 6 Fiscal Rules: Lessons from the States: “ A Just society needs to guarantee to each individual a minimum income which they can count on and which provides the necessary material foundation for a life with access…

Download Complete Economic Survey 2016-17 Summary Here Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter – 6 Fiscal Rules: Lessons from the States: Introduction As per the first Advance Estimates (AE) released by the CSO, the Indian economy is estimated to register a GDP growth rate of 7.1 per cent in 2016-17.  …

Economic Survey 2016–17 reviews the developments in the Indian economy over the previous 12 months, summarizes the performance on major development programmes, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term. This document is presented to both houses of Parliament during the Budget Session.…