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Economic Survey for market pricing of natural gas

Weeks after the new government deferred a decision on revising natural gas prices, the pre- Budget Economic Survey Wednesday called for market-linked pricing to boost domestic oil and gas exploration, and production.

Economic Survey 2013: Better policies on spectrum sharing, trading needed

Better policies for allowing trading and sharing of spectrum are needed to bring down the cost of radiowaves used for providing mobile communication, the pre-Budget survey said Wednesday.

Economic Survey: Business environment needs to be made easier

Pitching for a conducive business environment, the government on Wednesday said the cost of doing business in India has created "incentives" for corporates to look for investments in other countries.

Economic Survey 2013: Need to improve resource flow to MSMEs

Resource flow to Micro, Small and Medium Enterprises (MSMEs) needs to improve considerably along with a strong R&D push for the sector, the Economic Survey said on Wednesday.

Economic Survey 2013: Address fuel supply bottlenecks

Fuel supply, restructuring debt of the power distribution companies and oil and gas exploration policies need to be addressed immediately to remove hurdles in the energy sector, Economic Survey said.

Economic Survey 2013: Delays in clearances jack up property prices by 40%

Property prices in India shoot up by 40 percent due to delays in starting of projects, which require 34 procedures to get clearance, taking an average of over six months time and the issue needs to be addressed, according to the Economic Survey.

Economic Survey 2013: Reduction in Survey pages saves Rs 15 lakh for Govt

"We have curtailed 60 pages. Rough calculation we have saved about Rs 15 lakh. Every expenditure has to be examined very carefully to see if we need it," Chief Economic Advisor to Finance Ministry Raghuram G Rajan said here.

Shares soar on Survey signals; NSE Nifty spurts 36 points

After overnight hammering, shares made a smart turnaround Wednesday and reacted positively after the Economic Survey projected a fairly upbeat growth outlook of Indian economy as the benchmark CNX Nifty spurted by 36 points at the National Stock Exchange (NSE).

Economic Survey 2013: Plan outlay for health up by 13.9% at Rs 30,477 cr

Giving priority to the health services sector, the government increased the plan outlay by 13.9 percent to Rs 30,477 crore in financial year 2012-13, Economic Survey on Wednesday said.

Economic Survey: Legal services clock a steady annual growth of 8.2%

As regards efficiency in the legal framework in settling disputes, India has improved its position from 64th rank in 2011-12 to 59th in 2012-13 with a score of 3.8, it added.

Economic Survey: Rationalise taxes, introduce fair pricing regime on ATF

"There is need to rationalise the tax regime particularly value added tax on ATF which is in the range of 20-30 percent in most of the states," the Survey said.

Economic Survey: Accommodative monetary policy possible due to easing inflation

Reserve Bank had cut repo rates by 0.5 percent in April, 2012 and by 0.25 percent in January 2013. Next mid-quarter policy review will be unveiled on March 19.

Economic Survey: Mining sector PSUs post highest rise in net profit in FY12

However, PSUs operating in manufacturing sector recorded a decline of 22.7 percent to Rs 23,720 crore in their net profit in 2011-12. This was despite a rise of 27.73 percent to Rs 12.10 lakh crore in the turnover during the period, it said.

Economic Survey: IIFCL expected to guarantee bonds of private infra firms

"The IIFCL is expected to graduate in the 12th Plan from the existing role of a normal lender to that of a catalyst mobilising additional resources for financing of infrastructure," it said.

Eco survey paints a cautiously optimistic picture: Analysts

The survey, tabled by Finance Minister P Chidambaram in Parliament, projected an optimistic growth rate of 6.1-6.7 percent for the 2013-14 claiming that the downturn is more or less over and economy is looking up.

Economic Survey: Growth disappointing, things will look up next fiscal, says Montek

The document which was tabled in Parliament by Finance Minister P Chidambaram has projected the growth rate for next fiscal at 6.1-6.7 percent.

Economic Survey: 28 million unemployed persons in 2009-10

The total number of unemployed mandays declined by 6.5 million persons, from around 34.5 million in 2004-05 to 28 million in 2009-10.

Economic Survey: Govt plans five more rail freight corridors

Eastern dedicated freight corridors (1,839 km) connecting Dankuni near Kolkata with Ludhiana in Punjab and Western corridor (1,499 km) connecting Jawahar Lal Nehru Port in Mumbai with Dadri/Rewari near Delhi are already being implemented.

Economic Survey: Pvt power firms may face financing troubles

"The private developers may not be able to finance the projects if coal linkages are not resolved and there are delays in finalisation of fuel supply agreements (FSAs)," said the Survey, tabled in Parliament.

Economic Survey: Mixed signals on industrial production

The industrial production measured on IIP made a smart recovery in October 2012 by showing a growth of 8.3 percent, but entered into negative zone in the subsequent two months.