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Economic Survey News
Euro, US economic woes hit trade Merchandise exports could suffer further in the coming months, albeit growing slowly, due to the ongoing euro zone crisis that has also affected some of India’s other important trading partners, according to the Economic Survey for 2011-2012. India’s share in global merchandise exports reached 1.5 per cent in 2009-10 from 1.3 per cent in 2008-09. It increased to 1.9 per cent in the first
Growth forecast rosy govt focuses on 6 reform areas
The pre-Budget Economic Survey, tabled in Parliament here on Thursday amidst a scenario of economic and political gloom, has projected a sharp improvement in the growth rate of gross domestic
More aggressive steps needed to manage rupee
Though the Reserve Bank of India (RBI) has taken a slew of measures to stem the rupee’s volatility, the Survey has called for more aggressive steps, as it impacts investors’ confidence.
Highlights of Economic Survey 2011-12
New Delhi, Mar 15 (IBNS) Following are the highlights of Economic Survey 2011-12 :
Industrial growth pegged at 4-5%
New Delhi, Mar 15 (IBNS) The Economic Survey 2011-12 tabled in the Lok Sabha here on Thursday by Union Finance Minister Pranab Mukherjee has projected the industrial-sector growth during the current financial year to be between 4 to 5%.
India's external debt stock at US $ 326 billion
New Delhi, Mar 15 (IBNS) As India integrates into a seamless world, it cannot remain impervious to developments abroad. The unfolding of the Euro zone crisis and uncertainty surrounding the global economy have impacted the Indian economy causing drop in growth, higher current account deficit and declining capital inflows. |
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