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Slash subsidy, raise prices of diesel and LPG: Economic Survey

-PTI Claiming that the "downturn is more or less over", the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises. While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said "...the overall economy is expected to grow in the...

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Agriculture sector performs well

-The Hindu Despite agriculture and allied activities accounting for only 14.1 per cent of the GDP in 2011-12, the Economic Survey recognises the sector’s role in the country’s economy as ‘much bigger’ with its share in total employment being as high as 58.2 per cent. Fast agriculture growth and reforms in the sector remain vital for jobs, income and food security, the Survey notes, while reinforcing the need for setting the growth...

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Economic Survey 2012-13 highlights

-IANS Highlights of the Economic Survey 2012-13 tabled in parliament by Finance Minister P. Chidambaram Wednesday. * GDP growth to remain between 6.1 percent to 6.7 percent in 2013-14 * WPI inflation to moderate in the range of 6.2 percent to 6.6 percent * Economy estimated to grow at 5 percent in 2012-13 after growing by 6.2 percent in previous year * Poor show of services sector contributed significantly to slowdown * Global as well as...

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Laws blamed for job crunch

-The Telegraph India is not creating enough productive jobs — and the spirit of enterprise is being strangled by excessive and onerous labour laws. The Economic Survey tabled in Parliament today said: “India has to focus on an agenda to create productive jobs outside agriculture, which will help us reap the demographic dividend and also improve livelihoods in agriculture.” The survey, which singled out job creation for special mention with an entire chapter...

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The kids aren’t really all right -Puja Marwaha

-The Hindustan Times Children represent not only India’s future, but are also integral to securing India’s present. Yet, development indicators continue to show slow progress towards securing their welfare and delivering their basic rights. The very survival of over a million newborns in the country every year continues to be at risk. Prospects for girls in particular are getting grimmer, with successive Census figures revealing a declining sex ratio. About 44%...

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