India Ranks First in Milk Production, Accounting for 18.5 Per Cent of World Production India Recording A Growth of 6.26 % whereas World Milk Production Increases by 3.1 % Per Capita Availability of Milk in India has Increased from 176 grams per day in 1990-91 to 322 grams per day by 2014-15 Egg and Fish… Read More »
Twin balance sheet Challange of Public Sector Banks and Corporate Houses Economic Survey 2015-16 cautions that one of the most critical short term challenges confronting the Indian economy is the twin balance sheet problem – the impaired financial positions of the Public Sector Banks (PSBs) and some corporate houses. The twin balance sheet challenge is… Read More »
In order to provide Food Security, in the current Agriculture Scenario, India has to Focus on Supplies which are timely and Uninterrupted and Affordable for the Poor 57 % of Households had Calorie intake below 2160 KCal/Consumer unit/day Average Protein intake Per Capita per day Rises Steadily India Has the Second Highest Number of Undernourished… Read More »
Indian Economy needs to create enough “good” Safe Productive well-paying Jobs The Economic Survey 2015-2016 stresses that India being in the midway through its demographic dividend is providing an economic growth in terms of the working age share of the population. Hence to exploit this dividend and meet the growing aspiration of those entering the… Read More »
GST rollout to mark an unprecedented reforms measure in the modern global tax history Economic Survey 2015-16 proposes widening tax net from 5.5 percent of earning individuals to more than 20 percent, reasonable taxation of the better-off individuals with income from Real Estate and Agriculture, phasing out of the tax exemption Raj Higher Property… Read More »
FTAs leading to increased Imports and Exports Since the mid- 2000s India’s Free Trade Agreements have doubled to about 42 today. They have increased trade with FTA countries more than would have happened otherwise. Increased trade has been more on the import than export side, because India maintains relatively high tariffs and hence had larger… Read More »
2015 – Landmark Year for India in Climate Change Initiatives: Economic Survey 2015-16; India plays important role in adoption of Paris Agreement and Launch of International Solar Alliance Economic Survey 2015-16 tabled in Parliament here today by the Union Finance Minister Shri Arun Jaitley states that the year 2015 has been a landmark year for… Read More »
Economic Survey 2015-16 highlights need for more investment in Human Capital, expresses concern at declining educational outcomes, emphasizes importance of improving efficiency in delivery of services in the health sector. The Economic Survey 2015-16, presented in the Parliament today by the Union Finance Minister Shri Arun Jaitley, states that the social infrastructure scenario in the… Read More »
Labour Force participation Rate higher in Rural Areas than Urban Areas, significantly lower for females than males: Economic Survey Women account for 57% of employment given under MGNREGA in the Current Financial Year 1.75 lakh Rural Youth trained under Deen Dayal Upadhyaya Grameen Kaushalya Yojana during 2015-16 The Economic Survey (2015-16) states that the… Read More »
116334.85 MT seized pulses released in markets Delivery of 8,500 MT imported pulses is expected shortly The rise in the prices of pulses is due to several factors leading to demand & supply mismatch. Hoarding is one such factor. De-hoarding operations are carried out by the State Governments under the Essential Commodities Act, 1955. All… Read More »