The survey called for a “Second Green Revolution with technological breakthrough in the agriculture sector” to boost farm output and ensure the food security of the country The Economic Survey on Friday pegged the country’s agriculture sector growth at 5.4% in the current fiscal, as against 0.4% in the previous year. The survey also called for a “Second Green Revolution with technological breakthrough in the agriculture sector” to boost farm output and...

The sharp rise in food prices inflation will remain a major cause of concern as inflationary pressures on the domestic front are likely to be exacerbated by higher levels of global commodity prices, the Economic Survey has said. It also indicated that the political turmoil in the Middle East and the “easy money” policy being followed by developed nations trying to jump-start their own economies after the global recession of 2008-09...

Good news for Bihar on the economic front. According to the Economic Survey 2010-11, tabled in the Legislative Assembly on Wednesday, the state’s annual per capita income doubled in five years, gross domestic product (GDP) saw a steady growth and the number of vehicles increased three fold. The annual per capita income went up to Rs 17,590 in 2009-10 against Rs 8,528 in 2004-05. The average GDP growth for the period...

Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...

The allocations earmarked for women as a proportion of the total Union budget outlay has gone up from 3% in 2007-08 (revised estimate) to 6.1% in 2010-11 (budget estimate) It will be seven years since the government, acknowledging a gender imbalance, introduced gender budgeting in 2005-06. Ever since then, the annual budget has been accompanied by a gender budgeting statement. An analysis of the last four Union budgets reveals two things....