Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 in Parliament today, marking her seventh consecutive budget and eclipsing the late Moraji Desai's record of six consecutive budgets, which is likely to focus on changes in the income tax structure and improving th
Expressing expectations on the Union Budget for 2024-25, to be presented by Finance Minister Nirmala Sitharaman, which essentially outlines the government's financial plan to drive economic growth, enhance infrastructure, and promote social welfare, Himachal Pradesh Chief Minister Sukhvinder
"China Plus One is definitely an important component of India's growth as a global manufacturing player," CEA Nageswaran told ANI in a virtual interaction following the presentation of the Economic Survey 2023-24.
ASSOCHAM noted that while a robust industrial growth of 9.5 per cent is to be applauded, manufacturing is supported by both domestic and global investors and demand can lead to a consistent increase of its share in the country's GDP.
The Economic Survey highlights the prevailing strengths of India's economy, Prime Minister Narendra Modi said in his first reaction after the Economic Survey 2023-24 was presented in the Parliament on Monday.
The Economic Survey tabled in Parliament conservatively projects India's real GDP growth of 6.5-7 per cent, cognizant of the fact that market expectations are on the higher side.
The fiscal deficit of the government is expected to drop to 4.5 per cent of GDP or lower by the financial year 2026, the Economic survey outlined which was tabled in parliament on Monday.
Underscoring the importance of a strong healthcare system in the country, the Economic Survey said a sound healthcare system interconnected with long-term factors responsible for inclusive growth is vital for a resilient economy.
Congress MP Gaurav Gogoi on Monday targeted the BJP-led NDA government at the Centre over the Budget 2024-25 which will be presented by Finance Minister Nirmala Sitharman on Tuesday, alleging that every budget of PM Modi is prepared as per Adani and Ambani's advice.
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.
The services export post-pandemic times have maintained a steady momentum and accounted for 44 per cent of India's total exports in FY24 the survey notes. India ranked fifth in services exports, with other countries being the European Union (excluding intra-EU trade), the United States, the