Category: Current Affairs

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.…

Download Economic Survey 2016-17 Summary Here Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter – 6 Fiscal Rules: Lessons from the States: Creating jobs is India’s central challenge. India needs to generate jobs that are form a land productive, provide bang-for-buck in terms of jobs created relative to investment,have the potential for broader…

Download Economic Survey 2016-17 Summary Here Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter – 6 Fiscal Rules: Lessons from the States: Introduction Fiscal Responsibility and Budget Management (FRBM) Act was adopted by the centre in 2003. This Act was mirrored by Fiscal Responsibility Legislation (FRL) adopted in the states since states account…

Download Economic Survey 2016-17 Summary Here Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter – 5 Fiscal Framework: The World is Changing, Should India Change Too? Introduction Since the government came to power, there has been a steadfast commitment to fiscal consolidation, reflected in the steady decline in the fiscal deficit from 4.5…

Download Economic Survey 2016-17 Summary Here Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter – 4 : The Festering Twin Balance Sheet Problem Introduction In February 2016, Banks reported that nonperforming assets had soared, to such an extent that provisioning had overwhelmed operating earnings. As a result, net income had plunged deeply into the…

Download Economic Survey 2016-17 Summary Here Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter – 3 Demonetization: To Deify or Demonize? INTRODUCTION Survey describes Demonetization as “A radical governance-cum-social engineering measure, radical and unprecedented step with short term costs and long term benefits where the aim of the action was: to curb corruption,…

Download Economic Survey 2016-17 Summary Here Following is the Summary of ECONOMIC SURVEY 2016-17 – Chapter 2 : The Economic Vision for Precocious, Cleavaged India: Overview Since 1980, we have escaped from the so called “The Hindu rate of growth”, and   India’s growth performance has been robust, especially for a democracy.  Yet, there are serious…