Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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        LATEST NEWS UPDATES | India Economic Survey 2018: Arvind Subramanian says economic revival underway; 4 key takeaways -Sushruth Sunder    </title>
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    <h1 class="cat-box-title">India Economic Survey 2018: Arvind Subramanian says economic revival underway; 4 key takeaways -Sushruth Sunder</h1>
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                            <div align="justify">-The Financial Express<br /><br />India Economic Survey 2018: Chief Economic Advisor Arvind Subramanian says that the Indian economy is showing robust signs of recovery and a series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19. Addressing media in the press conference post release of the economic survey, CEA Arvind Subramanian noted that in recognition of of the initiatives taken by the government of India, global rating agency Moody&rsquo;s had upgraded India&rsquo;s sovereign rating after a long gap of 14 years.<br /><br />In November-17, Moody&rsquo;s upgraded India&rsquo;s local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. Further, the CEA Arvind Subramanian also noted that India has also jumped several points in World Bank&rsquo;s Ease of Doing Business ranking. We take a look at four key takeaways from&nbsp; Chief Economic Advisor Arvind Subramanian post release of India Economic Survey 2018.<br /><br /><em>GST- an important achievement<br /></em><br />Chief Economic Advisor Arvind Subramanian lauded the government&rsquo;s initiative surrounding the launch of GST in July-17. Arvind Subramanian pointed out that given the scale, complexity and scale of the new indirect tax regime, GST qualifies as an important achievement. The highlights of the economic survey relating to GST were there has been a 50% increase in number of indirect taxpayers; large increase in voluntary registrations; distribution of GST base closely linked to size of economies; strong correlation between export performance and state&rsquo;s standard of living and India&rsquo;s formal sector was found to be substantially greater than currently believed.<br /><br /><em>Tackling twin balance sheet issue<br /></em><br />The chief economic advisor point out to the decisive steps taken by the government to tackle the twin balance sheet issue. The twin balance sheet issue deals with over leveraged companies and banks with NPAs. CEA pointed out that the government has now put in place IBC (Insolvency and Bankruptcy Code) which provides a resolution framework that will help corporates clean up their balance sheets and reduce debts. Further, the CEA pointed out to the PSU bank recap as a measure of decisively tackling the NPA issue. The Finance Ministry has tightened the noose on public sector banks (PSBs), saying that the massive Rs 2.11 lakh crore bank recapitalisation announced by the government will alongside reforms by the banks to ensure that the banking crisis does not get repeated.<br /><br />Please <a href="http://www.financialexpress.com/budget/india-economic-survey-2018-arvind-subramanian-says-economic-revival-underway-4-key-takeaways/1034552/" title="http://www.financialexpress.com/budget/india-economic-survey-2018-arvind-subramanian-says-economic-revival-underway-4-key-takeaways/1034552/">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">India Economic Survey 2018: Arvind Subramanian says economic revival underway; 4 key takeaways -Sushruth Sunder</h1>
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                            <div align="justify">-The Financial Express<br /><br />India Economic Survey 2018: Chief Economic Advisor Arvind Subramanian says that the Indian economy is showing robust signs of recovery and a series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19. Addressing media in the press conference post release of the economic survey, CEA Arvind Subramanian noted that in recognition of of the initiatives taken by the government of India, global rating agency Moody&rsquo;s had upgraded India&rsquo;s sovereign rating after a long gap of 14 years.<br /><br />In November-17, Moody&rsquo;s upgraded India&rsquo;s local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. Further, the CEA Arvind Subramanian also noted that India has also jumped several points in World Bank&rsquo;s Ease of Doing Business ranking. We take a look at four key takeaways from&nbsp; Chief Economic Advisor Arvind Subramanian post release of India Economic Survey 2018.<br /><br /><em>GST- an important achievement<br /></em><br />Chief Economic Advisor Arvind Subramanian lauded the government&rsquo;s initiative surrounding the launch of GST in July-17. Arvind Subramanian pointed out that given the scale, complexity and scale of the new indirect tax regime, GST qualifies as an important achievement. The highlights of the economic survey relating to GST were there has been a 50% increase in number of indirect taxpayers; large increase in voluntary registrations; distribution of GST base closely linked to size of economies; strong correlation between export performance and state&rsquo;s standard of living and India&rsquo;s formal sector was found to be substantially greater than currently believed.<br /><br /><em>Tackling twin balance sheet issue<br /></em><br />The chief economic advisor point out to the decisive steps taken by the government to tackle the twin balance sheet issue. The twin balance sheet issue deals with over leveraged companies and banks with NPAs. CEA pointed out that the government has now put in place IBC (Insolvency and Bankruptcy Code) which provides a resolution framework that will help corporates clean up their balance sheets and reduce debts. Further, the CEA pointed out to the PSU bank recap as a measure of decisively tackling the NPA issue. The Finance Ministry has tightened the noose on public sector banks (PSBs), saying that the massive Rs 2.11 lakh crore bank recapitalisation announced by the government will alongside reforms by the banks to ensure that the banking crisis does not get repeated.<br /><br />Please <a href="http://www.financialexpress.com/budget/india-economic-survey-2018-arvind-subramanian-says-economic-revival-underway-4-key-takeaways/1034552/" title="http://www.financialexpress.com/budget/india-economic-survey-2018-arvind-subramanian-says-economic-revival-underway-4-key-takeaways/1034552/">click here</a> to read more. <br /></div>                                                           
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India Economic Survey 2018: Chief Economic Advisor Arvind Subramanian says that the Indian economy is showing robust signs of recovery and a series of major reforms undertaken over the past year will allow real GDP growth to reach..." />
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    <h1 class="cat-box-title">India Economic Survey 2018: Arvind Subramanian says economic revival underway; 4 key takeaways -Sushruth Sunder</h1>
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                            <div align="justify">-The Financial Express<br /><br />India Economic Survey 2018: Chief Economic Advisor Arvind Subramanian says that the Indian economy is showing robust signs of recovery and a series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19. Addressing media in the press conference post release of the economic survey, CEA Arvind Subramanian noted that in recognition of of the initiatives taken by the government of India, global rating agency Moody&rsquo;s had upgraded India&rsquo;s sovereign rating after a long gap of 14 years.<br /><br />In November-17, Moody&rsquo;s upgraded India&rsquo;s local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. Further, the CEA Arvind Subramanian also noted that India has also jumped several points in World Bank&rsquo;s Ease of Doing Business ranking. We take a look at four key takeaways from&nbsp; Chief Economic Advisor Arvind Subramanian post release of India Economic Survey 2018.<br /><br /><em>GST- an important achievement<br /></em><br />Chief Economic Advisor Arvind Subramanian lauded the government&rsquo;s initiative surrounding the launch of GST in July-17. Arvind Subramanian pointed out that given the scale, complexity and scale of the new indirect tax regime, GST qualifies as an important achievement. The highlights of the economic survey relating to GST were there has been a 50% increase in number of indirect taxpayers; large increase in voluntary registrations; distribution of GST base closely linked to size of economies; strong correlation between export performance and state&rsquo;s standard of living and India&rsquo;s formal sector was found to be substantially greater than currently believed.<br /><br /><em>Tackling twin balance sheet issue<br /></em><br />The chief economic advisor point out to the decisive steps taken by the government to tackle the twin balance sheet issue. The twin balance sheet issue deals with over leveraged companies and banks with NPAs. CEA pointed out that the government has now put in place IBC (Insolvency and Bankruptcy Code) which provides a resolution framework that will help corporates clean up their balance sheets and reduce debts. Further, the CEA pointed out to the PSU bank recap as a measure of decisively tackling the NPA issue. The Finance Ministry has tightened the noose on public sector banks (PSBs), saying that the massive Rs 2.11 lakh crore bank recapitalisation announced by the government will alongside reforms by the banks to ensure that the banking crisis does not get repeated.<br /><br />Please <a href="http://www.financialexpress.com/budget/india-economic-survey-2018-arvind-subramanian-says-economic-revival-underway-4-key-takeaways/1034552/" title="http://www.financialexpress.com/budget/india-economic-survey-2018-arvind-subramanian-says-economic-revival-underway-4-key-takeaways/1034552/">click here</a> to read more. <br /></div>                                                           
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India Economic Survey 2018: Arvind Subramanian says economic revival underway; 4 key takeaways -Sushruth Sunder

Published on Jan 29, 2018   Modified on Jan 29, 2018

-The Financial Express India Economic Survey 2018: Chief Economic Advisor Arvind Subramanian says that the Indian economy is showing robust signs of recovery and a series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19. Addressing media in the press conference post release of the economic survey, CEA Arvind Subramanian noted that in recognition of of the initiatives taken by the government of India, global rating agency Moody’s had upgraded India’s sovereign rating after a long gap of 14 years. In November-17, Moody’s upgraded India’s local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. Further, the CEA Arvind Subramanian also noted that India has also jumped several points in World Bank’s Ease of Doing Business ranking. We take a look at four key takeaways from  Chief Economic Advisor Arvind Subramanian post release of India Economic Survey 2018. GST- an important achievement Chief Economic Advisor Arvind Subramanian lauded the government’s initiative surrounding the launch of GST in July-17. Arvind Subramanian pointed out that given the scale, complexity and scale of the new indirect tax regime, GST qualifies as an important achievement. The highlights of the economic survey relating to GST were there has been a 50% increase in number of indirect taxpayers; large increase in voluntary registrations; distribution of GST base closely linked to size of economies; strong correlation between export performance and state’s standard of living and India’s formal sector was found to be substantially greater than currently believed. Tackling twin balance sheet issue The chief economic advisor point out to the decisive steps taken by the government to tackle the twin balance sheet issue. The twin balance sheet issue deals with over leveraged companies and banks with NPAs. CEA pointed out that the government has now put in place IBC (Insolvency and Bankruptcy Code) which provides a resolution framework that will help corporates clean up their balance sheets and reduce debts. Further, the CEA pointed out to the PSU bank recap as a measure of decisively tackling the NPA issue. The Finance Ministry has tightened the noose on public sector banks (PSBs), saying that the massive Rs 2.11 lakh crore bank recapitalisation announced by the government will alongside reforms by the banks to ensure that the banking crisis does not get repeated. Please click here to read more.

The Financial Express, 29 January, 2018, http://www.financialexpress.com/budget/india-economic-survey-2018-arvind-subramanian-says-economic-revival-underway-4-key-takeaways/1034552/

Tagged with: Economic Survey 2017-18 Economic Growth

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