As per a presentation made by the Chief Economic Adviser V Anantha Nageswaran at a press conference after the tabling of the Economic Survey for 2023-24, the per capita income is currently at Rs 2.12 lakh in 2023-24. In dollar terms, it is at USD 2,500.
Chief Economic Advisor V Anantha Nageswaran emphasized the crucial and positive role that artificial intelligence (AI) can play for the Indian demography and labour force during a press conference on the Economic Survey 2023-24.
The Economic Survey 2023-24, released by Finance Minister Nirmala Sitharaman on Monday, reveals a significant decline in expenditure on food and fertiliser subsidies, which fell by 24.6 per cent and 22.4 per cent respectively in FY24. Additionally, the expenditure on major subsidies decrease
India's foreign exchange reserves during the recently concluded financial year 2023-24 increased the highest among major reserves-holding countries globally, asserted the Economic Survey tabled in the Parliament on Monday.
The demand for employment under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is not a true indicator of rural distress, highlighted the Economic Survey 2023-24, released by the finance ministry on Monday.
The Economic Survey for 2023-24 tabled in the Parliament on Monday identified six key policy focus areas in order to achieve a sustained economic growth.
Union Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-24 in Parliament along with the statistical appendix ahead of the Budget for 2024-25 to be presented on Tuesday.
The Indian exports have been growing since financial year (FY) 2017 with the exception of slow down observed in FY 2020, the economic survey of 2023-24 revealed on Monday which was tabled in the parliament ahead of the union budget.
India's workforce is nearly 56.5 crore, with more than 45 percent employed in agriculture, 11.4 percent in manufacturing, 28.9 percent in services, and 13.0 percent in construction, highlights the Economic Survey 2023-24 released by the finance ministry on Monday.
India's economy carried forward the momentum it built in 2022-23 into 2023-24 despite a gamut of external challenges, the Economic Survey said. India's real GDP grew by 8.2 per cent in 2023-24, exceeding 8 per cent mark in three out of four quarters of 2023-24.
The Indian economy is on a strong wicket and stable footing, demonstrating resilience in the face of geopolitical challenges, as per the Economic Survey 2023-24 tabled in the Parliament on Monday.