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Economic Survey News
The growth path Statistics suggest that the Economic Survey has "grown" faster than the Indian economy! As Chief Economic Advisor Kaushik Basu jokingly pointed out, the number of pages in the latest annual survey had grown 7.8 per cent, almost a percentage point higher than India's projected GDP growth of 6.9 per cent for the current financial year.
Industry cheers outlook for economy
The Bangalore Chamber of Industry and Commerce (BCIC) on Thursday welcomed the Economic Survey’s GDP growth projection which is around 7.6 per cent for fiscal 2012-13 despite a low 6.9 per
'Coalition politics held up reforms'
The Economic Survey blames 'coalition politics and federal considerations' for their role in holding up economic reforms on several fronts, ranging from diesel and LPG pricing. It advocates a fixed
India Inc's fund-raising takes a hard knock
India Inc’s fund-raising activity, especially through the equities route, plunged during the 2011-12 financial year, due to weak secondary market conditions. Equity fund mobilisation from the
Inflows higher at Rs 1 lakh crore in 2011-12
Despite being a tough year, the Indian mutual fund sector saw a net inflow of a little over Rs 1 lakh crore during 2011-12 (up to November 30, as compared to Rs 49,406 crore in the previous
'Help farmers who want to sell land'
The Economic Survey asks for a “well structured eminent domain law'' to put an end to the constant hold up of land acquisition that is encountered by the industry. It says the government must |
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