Page-2 of Economic Survey
Odisha Mining Activity greatly affected due to COVID-19; 21 mines interrupted
With the COVID-19 spreading at faster rate in the country, GoI had extended the statutory permits of mines for smooth transition. In spite of this, several mines in Odisha are facing delays of resumption. Highlights The operations of 21 mines ..
Month: Current Affairs - March, 2020
What is Counter Cyclical Fiscal Policy of GoI?
The Government of India has adopted “Counter Cyclical Fiscal Policy” in order to decrease the Economic Slow Down in the country. The Economic Chief Advisor Subramanian at the Express Adda event in Mumbai highlighted that Counter Cyclical Fiscal Policy is ..
Month: Current Affairs - February, 2020
India ranked third globally in number of new firms created
The Economic Survey 2019-20 presented on January 31, 2020 stated that India is ranked third globally in number of new firms created. It also revealed that as many as 1,24,000 new firms have been created in India in the year ..
Economic Survey 2019-20 – Jharkhand has the cheapest Vegetarian Thali
The Economic Survey 2019-20 was recently presented by the Chief Economic Adviser Krishnamurthy Subramaniam on January 31, 2020. The term called ‘Thalinomics’ was used, which means the affordability of buying a Thali (Food Plate). It states that, Jharkhand has the ..
NSO releases revised estimates of India’s economic growth
The National Statistical Office released revised estimates for economic growth of India for the last three years, on January 31,2020. As per the report, it fixed the actual GDP growth 2018-19 at 6.1%, against its previous estimate of 6.8%, estimated ..
Fiscal Deficit of GoI touched 132% of full year target
On January 31, 2020, the Controller General of Accounts (CGA) released data on fiscal deficit of Government of India. According to the report, the fiscal deficit of India touched 132.4% of the full-year target in December, 2019. Highlights The gap ..