Interim Budget 2014-2015 - Speech of P. Chidambaram. In the speect he stated that "The Global Risks 2014 report has mapped 31 global risks. Of highest concern are ten risks that include fiscal crisis, structurally high unemployment or underemployment, income disparity, governance failure, food crisis, and political and social instability. The challenges that we face are common to all emerging economies. 2012 and 2013 were years of turbulence. Only a handful of countries were able to keep their head above the water, and among them was India."

With ‘unsatisfactory’ growth, the industrial sector in Jammu and Kashmir is in constant decline leaving the state much behind the rest of India in industrialization says the Economic survey 2013-14 for Jammu and Kashmir prepared and released by the state government.

Focusing on the productivity of the agricultural sector to lift the incomes of smallholder farmers is one of the most direct routes to addressing rural poverty and India can raise farm yields by rebalancing investment and making targeted reforms in the agricultural sector says this new report by McKinsey Global Institute.

The uneven economic recovery and successive downward revisions in economic growth projections have had an impact on the global employment situation. Almost 202 million people were unemployed in 2013 around the world, an increase of almost 5 million compared with the year before.

This report is based on the employment and unemployment survey conducted in the 68th round of NSS during July 2011 to June 2012.

The World Economic Situation and Prospects 2014 reports that the global economy is improving but remains vulnerable to new and old headwinds. Global economic growth is forecast to accelerate from a sluggish 2.1 per cent in 2013 to 3.0 per cent in 2014 and 3.3 per cent in 2015.