The Economic Survey of India (ESI) 2017-18 was tabled in parliament marking the first business of this year’s budget session. The ESI document gives an account of the performance of India’s economy during the ongoing fiscal while also providing projections for the upcoming financial year 2018-19.
The 2017 Union Budget was broadly focused on 10 issues — farming sector, rural population, youth, poor and health care for the underprivileged, infrastructure, financial sector for stronger institutions, speedy accountability, public services, prudent fiscal management and tax administration for the honest.
The Economic Survey 2016-17, advocates the concept of Universal Basic Income (UBI) as an alternative to the various social welfare schemes in an effort to reduce poverty. The survey juxtaposes the benefits and costs of the UBI scheme in the context of the philosophy of the Father of the Nation, Mahatma Gandhi.
The Budget documents presented to Parliament comprise, besides the Finance Minister's Budget Speech, of the following: Annual Financial Statement (AFS); Demand for Grants (DG); Appropriation Bill; Finance Bill; Memorandum Explaining the Provisions in the Finance Bill, 2016; Macro-economic framework for the relevant financial year; Fiscal Policy
A flagship annual document of the Ministry of Finance, Government of India, Economic Survey 2015–16 reviews the developments in the Indian economy over the previous 12 months, summarizes the performance on major development programmes, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium
A flagship annual document of the Ministry of Finance, Government of India, Economic Survey 2014–15 reviews the developments in the Indian economy over the previous 12 months, summarizes the performance on major development programmes, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium
The 14th Finance Commission has recommended a record 10% increase in the states' share in the Union taxes to 42%, which has been accepted by the Centre and will give the states an additional Rs 1.78 lakh crore in 2015-16.
The Economic Survey 2013-14 presented in the Parliament on 9 July 2014 says that growth rates of productivity in agriculture sector are far below global standards and the productivity levels of rice and wheat have declined after the green revolution of the 1980s. It has also expressed concern over soil degradation due to declining fertilizer-use efficiency. Read full text.
