The fiscal outcome of the central government in 201617 was marked by strong growth in tax revenue, sustenance of the pace of capital spending and a consolidation of nonsalarypension revenue expenditure. This combination allowed the government to contain the fiscal deficit to 3. The annual economic survey 2016 17 is the finance ministrys view on the economic development of the country. Economic survey 2016 17 highlights video tutorials in. Highlights of the economic survey 201617 volume2 current. Union finance minister arun jaitley tabled the economic survey. Economic survey 201617 government of india ministry of finance department of economic affairs economic division. Contentskey economic reforms in 2016dubious perception of the ratings agenciescurrent structural challe. According to economic survey, odisha is the major supplier of raw materials in the country. Jan 31, 2017 the government tabled the economic survey for 2016 17 in parliament today, a day before tabling of the union budget 2017 by finance minister arun jaitley. Union finance minister arun jaitley tabled the economic survey 201617 in parliament during the first day of the budget session. Finance minister shri arun jaitley presented economic survey 201617. Aug 11, 2017 highlights of the economic survey 2016 17 volume2. Covid 19 economic response task force, modi govt to combat coronavirus impact on the indian economy duration.
Union finance minister arun jaitley tabled the economic survey 201617 in parliament budget session. The economic survey 201617 states that such a sustenance is despite continuing global sluggishness. It suggests that a more efficient way to help the poor will be to provide them resources directly, through a ubi. The cover page for the survey was designed by jacob george of george design, kochi, assisted by vineeth kumar. The economic survey is a result of teamwork and collaboration. As per economic survey, this is expected to slow by 0. The central statistical organisation has just released a new. Economic survey 201617highlights by finance ministry. As per the survey, the main highlights of sectoral growth outcome in first half of 2016 17 are as follows.
Suvey 201718 was in pink colour to highlight gender issues. Presented before the union budget, by the finance minister, the survey is an amalgamation of the governments findings about the economic growth and its projections about the future growth prospects. The annual economic survey 201617 is the finance ministrys view on the economic development of the country. Jan 29, 2018 the survey was authored by chief economic adviser in the finance ministry arvind subramanian. Following are the highlights of pakistan economic survey for the year 201617 unveiled by minister of finance muhammad ishaq dar here on thursday. Only 23% of rural income from farming, reveals nabard 201617. Highlights of the economic survey 2016 17 volume21 fiscal developments the fiscal outcome of the central government in 2016 17 was marked by strong growth in tax revenue, sustenance of the pace of capital spending and a consolidation of nonsalarypension revenue expenditure. The growth momentum of the bihars economy, experienced in the recent decade, was continued in the last year also. Key highlights of economic survey 201617 employment news. We have been guiding hundreds of ias aspirants since 2009 to. Our exports to some major destinations like united states, europe and asia have noted an increase.
Gk, general studies, optional notes for upsc, ias, banking, civil services. The key highlights of economic survey 201819 are as follows. Economic survey 2016 17 highlights video tutorials in english. Highlights,economic survey 201617,current affairs 2017,upsc,ibps, business, econonmy. Economic survey 201617 the hindu centre for politics. As per the advance estimates released by the central statistics office, the growth rate of gdp at constant market prices for the year 2016 17 is placed at 7. Finally, the economic survey owes a huge debt of gratitude to the families of all those involved in its preparation for being. Highlights of pakistan economic survey 201617 associated. The survey prepared by chief economic adviser in the finance ministry arvind subramanian. Regarding the outlook for growth 201718, survey volume i forecasted the real gdp growth of 6. Here are the major highlights from the chapter 3 of economic survey 201617. Highlights of economic survey 201617 volume 2 bankexamstoday.
The economic survey has mined big data, like last year, to shed light on the economy. Highlights of reforms measures in the economic survey 201617 volume2 agriculture and food management. To further highlight the need and importance of devising a strategy for. Fitch ratings has affirmed pakistans sovereign credit rating at b with a stable outlook in its press release dated th january, 2020. The survey was authored by chief economic adviser in the finance ministry arvind subramanian. Highlights of economic survey 201718 current affairs today. The survey prepared by chief economic adviser in the finance ministry arvind. Economic survey 201617 external sector indias exports have noted an uptick in the year 201617, after reporting deceleration for two consecutive years. The economic survey notes that india jumped 30 places to break into the top 100.
Which opens with amidst gloomy international economic landscape, india stands as a haven of stability. Apr 20, 2016 economic survey 2016 highlights and pdf download february 26, 2016 ahead of the union budget on monday, fm arun jaitley tabled economic survey 2016 report today. The economic survey highlights the overall economic scenario of past financial years as well as outlines the future prospect of the economy in the short to medium. Overview of the economy economic growth in pakistan has historically remained volatile, lacking a steady growth path and adding to the economic uncertainty about the countrys economic conditions. Economic survey 2016 2017 full analysis highlights. Economic survey 2016 17 100 expected questions duration. In chapter 9, the economic survey 201617 has advocated for the idea of universal basic income ubi saying its a powerful idea and would be more effective at combatin.
Major highlights from the economic survey 201617 growth forecast. Economic survey 201516 sees the economy growing between 7 to 7. Finance minister shri arun jaitley presented economic survey 2016 17 in the parliament today. Universal basic income ubi as a radical new vision. Highlights of economic survey 201617 current affairs today. National achievement survey will be conducted annually from 2017 instead of once in. This is a summary of the chapter 1 of the economic survey 201617. Gross domestic product gdp growth in 201617 pegged at 6. Economic survey 2016 17 volume 2 was presented in the parliament on august 11, 2017. Economic survey 2016 highlights and pdf download february 26, 2016 ahead of the union budget on monday, fm arun jaitley tabled economic survey 2016 report today. Jan 31, 2017 major highlights from the economic survey 2016 17.
Highlights of economic survey 201617 india infoline. Only 23% of rural income from farming, reveals nabard 201617 survey according to the survey, whose reference period is 201516, the average net monthly income of indian rural households after deducting expenses incurred in the course of economic activity was rs 8,059. Aug, 2017 the services sector remains the key driver of indias economic growth, contributing almost 62 per cent of its gross value added growth in 201617. As per the advance estimates released by the central statistics office, the growth rate of gdp at constant market prices for the year 201617 is placed at 7. Demographic dividend refers to a demographically linked economic boost caused by a rise in the working age population 1559 years or in some cases 1564 years and consequent drop in the dependency ratio.
Universal basic income important for ias jagran josh. The survey projects economy to grow in the range of 7% to 7. Download gktoday academy app for easy to read mobile ebooks. For instance, a whole new perspective has been gained from data about gst implementation and epfoesic analysed together. Here are the highlights of the economic survey 201617 tabled in parliament by finance minister arun jaitley. Only 23% of rural income from farming, reveals nabard 201617 survey. Highlights of the economic survey 201617 volume21 fiscal developments the fiscal outcome of the central government in 201617 was marked by strong growth in tax revenue, sustenance of the pace of capital spending and a consolidation of nonsalarypension revenue expenditure.
The economic survey 2016 17 states that such a sustenance is despite continuing global sluggishness. Jan 31, 2017 covid 19 economic response task force, modi govt to combat coronavirus impact on the indian economy duration. The state of the indian economy performance during 201516 and 2016171. Economic survey 201617 ministry of finance, government. Here are the major highlights from the economic survey 201617. Reforms measures in economic survey 201617 highlights.
Economic growth to return to normal as new currency notes in required quantities come back into circulation ministry of finance. The government tabled the economic survey for 201617 in parliament today, a day before tabling of the union budget 2017 by finance minister arun jaitley. Fiscal developments the fiscal outcome of the central government in 201617 was marked by strong growth in tax revenue, sustenance of the pace of capital spending and a consolidation of nonsalarypension revenue expenditure. Buy economic survey 201617 book online at best prices in india on.
The economic survey 201617 tabled in parliament has advocated for the concept of universal basic income ubi as an alternative to the various social welfare schemes in an effort to reduce poverty. Gk articles, news, current affairs, trivia questions and updates about economic survey 201617 for students and aspirants of upsc, civil services and other competitive examinations. Initiatives and achievements of ministry of human resource. Highlights informal sector has created jobs and keeping unemployment low schemes such as pradhan mantri suraksha bima yojana pmsby, pradhan mantri jivan jyoti bima yojana pmjjby, and the atal pension yojanaapy, were launched in 2015. Trainingcourses on record management click here for details. Study iq economic survey 201617 chapter 4 analysis in. The fiscal outcome of the central government in 2016 17 was marked by strong growth in tax revenue, sustenance of the pace of capital spending and a consolidation of nonsalarypension revenue expenditure. Economic survey 201617 ministry of finance, government of. It has been developed with an objective to enable a single window access to information and services being provided by the various indian government entities. Economic survey 201617 current affairs 2020 gktoday. Only 23% of rural income from farming, reveals nabard 2016.
What is the best economic survey summary of 201617. Gross domestic product gdp growth in 2016 17 pegged at 6. Highlights of economic survey 201617 as per the advance estimates released by the central statistics office, the growth rate of gdp at constant market prices for the year 201617 is. Highlights informal sector has created jobs and keeping unemployment low schemes such as pradhan mantri suraksha bima yojana pmsby, pradhan mantri jivan jyoti bima yojana pmjjby, and the atal pension yojanaapy, were launched in 2015 in the insurance and the finance. The total development expenditure of the state government including capital outlay, stood at rs 78,077 crore in 201516, about 70 percent of the total expenditure, compared to 68 percent in. The below graphics shows the relative growth of various sectors in recent years in terms of gdp. The economic survey for 201617 was tabled in parliament by union finance minister arun jaitley on tuesday jan 31, 2017. However, the growth of this sector has moderated to 7.
Economic survey 201617 has emphasised to embrace the idea of universal basic income ubi in place of the subsidybased schemes. Economic survey 201617 the hindu centre for politics and. The survey says that economic will recover in next fiscal and could grow between 6. We have been guiding hundreds of ias aspirants since 2009 to help realize their dream of cracking the ias exam. The survey projects the economy to grow in the range of 6. Here are the highlights the surveys gdp growth figure for the current fiscal is lower than 7. This has led to some epiphanic understanding for the authors ministry of finance, department of economic affairs, economic division. Economic survey 201617 highlights the hindu businessline. Economic survey 201617 volume 2 was presented in the parliament on august 11, 2017. Feb 02, 2017 economic survey 2016 17 100 expected questions duration. Most authoritative and updated source of data on indias economy.
Indian economic survey is very important document of government of. It holds 96% of chromite and 25% of coal reserves of india. Buy economic survey 201617 book online at low prices in. Gk articles, news, current affairs, trivia questions and updates about economic survey 2016 17 for students and aspirants of upsc, civil services and other competitive examinations. Upsc focusbudget and economic survey, raus ias magazine prelims compass 2020. The survey highlights economic trends in the country, development over the past 12 months and facilitates better mobilization of resources. Countrys overall economic growth rate recorded highest 5.
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