Economic Survey

July 31, 2024 12:31 PM

Piyush Goyal confirms no change in policy on Chinese investments

Commerce and Industry Minister Piyush Goyal has confirmed that the government will not change its policy on foreign direct investments (FDI) from China. This decision comes despite recent suggestions from the Economic Survey. Goyal stated that the ideas presented in the Survey are not binding on the government. “There is no rethinking at present to support Chinese investments in the country,” he said. In 2020, the government mandated approval for FDI from countries sharing land borders wit...

September 16, 2024 5:23 PM

Indian economy capable of growing at sustained rate of 7%: Economic Survey

The Economic Survey presented in Parliament today by Finance Minister Nirmala Sitharaman paints an optimistic picture for India's economic future. According to the survey, the Indian economy has the potential to sustain a growth rate of over 7% in the medium term, provided it builds on the structural reforms undertaken over the last decade. This ambitious growth target, however, is not without conditions. The survey emphasizes that achieving this sustained growth will require a concerted effort...

September 16, 2024 5:52 PM

Finance Minister Nirmala Sitharaman to table Economic Survey in Parliament today

Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2023-24 along with a statistical appendix in Parliament on Monday, a day ahead of the Union Budget. The Budget Session of Parliament will commence today (Monday) and subject to the exigencies of government business, the session is likely to conclude on August 12. Union Ministers Nirmala Sitharaman, Jayant Chaudhary, Pankaj Chaudhary, Kirtivardhan Singh and Sukanta Majumdar will present the document on the table in Lok Sabh...