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Economic Survey Print 2019 for Competitive Examination

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Economic Survey Print 2015-16 for Competitive Examination very useful for upsc & civil services exam preparation for order you can call us 0120-4160241

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Economic Survey Print 2018 for Competitive Examination

Economic Survey Print 2018 for Competitive Examination The Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Shri Arun Jaitley presented the Economic Survey of 2015-16 in parliament front of speakers and Indian population 

Positive points of Economic Survey Print 2015-16 for Competitive Examination

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Economic Survey Print 2018 for Competitive Examination

Economic Survey Print 2018 for Competitive Examination topics are given below.

 

Fiscal Deficit
  • 2016-17 expected to be challenging from fiscal point of view
  • Credibility and optimality argue for adhering to 3.5 per cent of GDP fiscal deficit target.
  • 2015-16 fiscal deficit, seen at 3.9 per cent of GDP, seems achievable.
 Inflation
  • Low inflation has taken hold, confidence in price stability has improved.
  • CPI inflation seen around 4.5 to 5 per cent in 2016-17
  • Prospect of lower oil prices over medium term likely to dampen inflationary expectations.
  • Expect RBI to meet 5 per cent inflation target by March 2017.
Current Account Deficit
Currency
India preparing itself for major in currency readjustment
Banking Corporate Sector 
  • Capital Requirements for banks approx 1.8 trillions
  • Government sell off some privates companies
  • Corporate, bank balance sheets remain stretched,
  • Affecting prospects for reviving private investments.

Taxes

  • Expected Higher Budget level in 2015-16
  • Widening tax net from 5.5 per cent
  • Review and phasing out of tax exemptions

Chief Economic Adviser Comments

  • Scope for easing monetary policy
  • Medium-term fiscal framework.
  • Calls for Liquidity

Other Important Highlights of Economic Survey 2015-16

  • GDP growth fiscal between 7-7.75%
  • Fiscal to be 7.6% and target 8-10%
  • D 35 a barrel next fiscal against USD 45 this year.
  • Putting Public Investment on Track – the Rail Route to Higher Growth.
  • Inflation at 4.5-5% for 2016-17
  • Price stability has increased
  • Tax net from 5.5% earning more than 20%
  • Challenging external environment
  • Subsidy bill below 20%
  • GST Bill.
  • Banks remain stressed.
  • Current account deficit at 1-1.5%
  • Health, education; focus on agriculture. Percentage share of horticulture output in Agriculture is more than 33%.
  • Domestic demand as foreign capital outflow likely.
  • Good performs in industrial, infrastructure, corporate sectors due to recent reform.
  • Exports slowdown to continue
  • India should resist protectionist

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Weight 1.14 kg

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