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Chidamabaram appreciates restrained language of Eco Survey

Chidambaram welcomed the declaration of the NDA government that "the emphasis of policy would have to remain on fiscal consolidation and removal of structural constraints".

Economic Survey 2013-14: Housing prices rose in 24 cities during 2007-13

Real Estate and ownership of dwellings with a share of 5.9 percent in India's GDP, grew by 5.6 percent in 2012-13.

Economic Survey 2013-14: Revive investment to boost growth, jobs

The pre-Budget Economic Survey on Wednesday called for investments, especially in infrastructure, to revive growth and jobs while carrying out tax and subsidy reforms for fiscal consolidation, projecting an up to 5.9 percent GDP growth this year.

Economic Survey 2013-14: Global deals on climate should address India's concerns

Global targets for all countries to achieve sustainable development should be looked at in the context of historical, spatial and other dimensions.

Economic Survey 2013-14: Worsening structural constraints led to sub-5% growth

"Ill-targeted subsidies cramped fiscal space for public investment and distorted the allocation of resources," it added.

Economic Survey 2013-14: 'More needs to be done to give quality, affordable healthcare'

The allocations for the health sector have increased over the years, it added.

Economic Survey 2013-14: Govt to come out with simplified norms for DRs

The government Wednesday said it will come out with simplified norms for Depository Receipts after making necessary amendments in tax regulations.

Investors pump in Rs 54,000 cr in mutual fund schemes in FY14

Investors pumped in nearly Rs 54,000 crore in various mutual fund schemes in 2013-14, 23 percent lower than the amount infused by them in the preceding fiscal, the Economic Survey said Wednesday.

Economic Survey 2013-14: Increase share in merchandise exports to 4% in 5 years

India should more than double its share in the world merchandise exports to at least 4 percent in the next five years, a government document said Wednesday.

Economic Survey 2013-14: India's working-age population to rise to 64% by 2021

The proportion of working-age population in India is likely to increase from around 58 percent in 2001 to more than 64 percent by 2021, with a large number of young persons in the 20-35 age group, according to the pre-Budget Economic Survey 2013-14.

Economic Survey 2013-14: 'Eco Survey presents realistic macro-economic picture'

The industry also supported the need for a fiscal consolidation roadmap backed by an FRBM Act "with teeth" as outlined in the survey.

Economic Survey 2013-14: Exit conditions for road developers should be eased

The survey suggested that the toll should have correlation with users' capacity to pay as well as reasonable payback for the financing entities.

Economic Survey 2013-14: Bad taxes like cess, surcharge need to go

Referring to the Goods and Services Tax, the survey said there is consensus that the GST will be a major milestone for indirect tax reform in India.

Economic Survey 2013-14: India has second fastest growing services sector

India has the second fastest growing services sector in the world with a compound annual growth rate at 9 percent, just below China's 10.9 percent, during 2001 to 2012, the Economic Survey said Wednesday.

Economic Survey 2013-14: 'Details course economy needs to undertake'

Mayaram further said recent years have been challenging for the global economy.

EEconomic Survey 2013-14: Introduce new technology, remove red-tapism to deliver

India needs to improve its delivery mechanism by introducing modern technologies and doing away with red-tapism as outlays on social sector schemes are not being translated into outcomes, says the Economic Survey 2013-14.

Economic Survey 2013-14: CAD likely to fall to 2.1% in FY15; to be fully financed

India's current account deficit (CAD) is likely to fall to 2.1 percent of the GDP in 2014-15 and will be fully financed in the current year, the government Wednesday.

Economic Survey 2013-14: 'End monopoly of wholesale markets, replace coercive state laws'

Some states have introduced barriers to trade within the country through taxation and technical requirements.

Economic Survey 2013-14: Govt, farmers waste funds about Rs 8,500 cr on urea

The survey has is batting for bringing urea under NBS and direct subsidy payments to farmers for balanced use of fertilisers.

Economic Survey 2013-14: Next wave of reforms needed to catch up with world

The second generation of reforms should focus on positive agenda and developing state structures to address market failures.