The rollout of 5G services can unleash new economic opportunities and help the country leapfrog the traditional barriers to development, spur innovations by startups and business enterprises, and advance the 'Digital India' vision, the Economic Survey for 2022-23 said on Tuesday.
Category: NEW DELHI
Fiscal deficit expected to be 6.4% of GDP in 2022-23, says economic survey
Fiscal deficit is expected to be at 6.4 per cent of GDP in 2022-23, according to the Economic Survey 2022-23, tabled in Parliament by Finance Minister Nirmala Sitharaman on Tuesday.
Economic Survey highlights thrust on rural development
The aim of engagement of the government in the rural economy has been "transforming lives and livelihoods through proactive socio-economic inclusion, integration, and empowerment of rural India," it said.
'Used money for personal enjoyment', ED to SC on Rana Ayyub's plea in money laundering case
The Enforcement Directorate (ED) on Tuesday said journalist Rana Ayyub received money through a crowdfunding platform for the purpose of slum dwellers, Covid relief, and some work in Assam, however she diverted the money and used it for "personal enjoyment".
Highway construction up from 6,061 km in FY16 to 10,457 km in FY22: Eco Survey
There has been an increase in the construction of National Highways (NHs) and roads over time, with 10,457 km of roads constructed in FY22 as compared to 6,061 km in FY16.
Suppressed global trade to affect India
Due to aggressive and synchronised monetary tightening, global economic growth has started to slow, and so has world trade, the Economic Survey for 2022-23 has warned.
Eco Survey says GDP growth to be 6.5% in 2023-24, slashes forecast to 7% in current fiscal
India is set to witness a baseline GDP growth of 6.5 per cent as per real terms in 2023-24, according to the economic survey for 2022-23, which was laid in Parliament by Finance minister Nirmala Sitharaman on Tuesday.
Agriculture sector records growth with annual rate of 4.6% over last 6 yrs
This has enabled the agriculture and allied activities sector to contribute significantly towards the country's overall growth, development and food security, said the Economic Survey 2022-23 tabled in Parliament by Union Minister of Finance Nirmala Sitharaman on Tuesday.
Foodgrain production touched a record 315.7 mn tonnes in 2021-22, says Economic Survey
India's foodgrain production touched a record 315.7 million tonnes in 2021-22 despite climate change challenges, said the Economic Survey 2022-23 tabled in Parliament by Finance Minister Nirmala Sitharaman on Tuesday.
22 cr beneficiaries under Ayushman Bharat as significant rise in govt spending: Eco Survey
Nearly 22 crore beneficiaries have been verified under the Ayushman Bharat Scheme as on 4 January, 2023. Over 1.54 lakh health and wellness centres have also been operationalised across the country.
From LoC to LAC, 'decisive govt' ensured befitting response to every misadventure: Prez Murmu
Addressing the joint sitting, President Murmu said that from a befitting response to every misadventure from LoC to LAC, the government has been recognised as a decisive government.
Eco Survey warns of financial contagion emanating from advanced economies
The rate hike by the US Fed drove capital into the US markets causing the US Dollar to appreciate against most currencies. This led to the widening of the Current Account Deficits (CAD) and increased inflationary pressures in net importing economies.
Giving priority to deprived classes, regions key to holistic development: Prez Murmu
"Today the world is also acknowledging India's tough stand on terrorism. Due to this, India's voice against terrorism is being heard seriously on every global platform," said President Murmu.
We have to build 'Aatmanirbhar' India: Prez Murmu in her 1st address to Parliament
India's self-confidence, the President said, is at its highest and the world is looking at her from a different perspective. It is providing solutions to the world. Today, there is a stable, fearless and decisive government that is working towards realising the big dreams.
India first, citizen first: PM Modi on Budget 2023
PM Modi said, "Taking the thought of 'India first, citizen first' we will take this Budget session of Parliament forward. I am hopeful that the opposition leaders will present their views before the Parliament".
Plastic bags found inside body of Delhi girl, says family
According to Deputy Commissioner of Police, North, Sagar Singh Kalsi, the girl was admitted to HRH hospital due to some intestinal problem on January 21 and was operated on January 24.
Witness' evidence has to be taken down in language of the court: SC
The Supreme Court has observed that it would be a folly to treat each breach of promise to marry as a false promise and to prosecute a person for the offence of rape under Section 376, while acquitting a man of rape charges.
Economic Survey to be presented in Parliament on Tuesday
The Economic Survey, which is prepared by Chief Economic Adviser V. Anantha Nageswaran, will be tabled in Parliament by Finance Minister Nirmala Sitharaman, soon after President Droupadi Murmu's address to both houses of Parliament.
SC agrees to examine plea against ban on BBC documentary on Gujarat riots
The plea, filed by Sharma, contended that the BBC documentary and was released for public view, however due to fear of truth, the documentary has been banned from viewership in India by any means under Rule 16 of IT Act 2021.
'Not just stone throwing...': Guj govt opposes bail pleas of Godhra convicts in SC
The Supreme Court on Monday sought reply from the Gujarat government on bail petitions of some convicts sentenced to life imprisonment in the 2002 Godhra train coach-burning case.
Hindenburg Research report a calculated attack on India: Adani Group
Adani Group in a statement on Sunday said it is shocked and deeply disturbed to read the report published by the "Madoffs of Manhattan" - Hindenburg Research on January 24 which is nothing but a lie.
LIC net gains from holdings in Adani Group at Rs 27,300 crore
Adani Group has said in an earlier statement that accounting (or fraud type assertions) "investigation" by Hindenburg are devoid of facts. Of the Adani portfolio's 9 public listed entities, 8 are audited by one of the Big 6.
Pakistan faces monumental crisis as economy tumbles
In a sharp departure from Finance Minister Ishaq Dar's publicly repeated claims of keeping domestic fuel prices unchanged, Pakistanis must now brace for a hike in petrol and diesel prices in the coming days, The News reported.
Facing eviction, Air India Colony residents left to fend for themselves
A colony that used to be abuzz with kids playing here and there, residents gathering in groups, and elders taking a stroll in the evening, is in ruins now with barely anyone around.
Despite plenty of ammo against govt, divided Oppn may fritter away Budget session
The second test will be in the budget session of Parliament. Will the Congress be able to lead the charge of the Opposition, which has so much ammunition to fire at the government, or will they collectively flounder as a result of the disunity within them.