Can Budget revive India’s dull R&D landscape?
Economic Survey says India’s R&D investment as a percentage of GDP stands at 0.64% vis-à-vis China’s 2.41%, the US’ 3.47% and Israel’s 5.71%.
economic survey 2024
July 2024
AI, an energy guzzling tech at odds with climate change plan: Economic Survey
The Economic Survey 2024 highlights that India, despite making significant strides in climate action, often faces criticism for not aligning with Western solutions.
Mental health disorders cause productivity losses due to absenteeism, high healthcare costs: Economic Survey
The Economic Survey has called out for redoubling efforts to increase the number of psychiatrists, from 0.75 psychiatrists per lakh population in 2021 to the WHO norm of 3 per one lakh population
Debunk Western solutions for climate change for ancient Indian wisdom: Economic Survey
The survey points out that there’s a significant difference between developed and developing nations, including India, in terms of energy access and carbon footprints.
Economic Survey pegs FY25 GDP growth at 6.5%-7%
Structural reforms such as the GST and the IBC have also matured and are delivering envisaged results, says the Economic Survey 2024
Not 'prudent' to think India can take up slack from China in manufacturing: Eco Survey
Chinese domination over global supply chains a "key global concern"; India must find 'right balance' between importing goods and FDI from China, says the Survey
Sensex, Nifty end lower ahead of Budget; RIL, Kotak Bank, ITC among top laggards
Bucking the trend, the BSE midcap and smallcap indices ended higher, rising 1.2%, and 0.8%, respectively.
Economic Survey 2024: India’s per capita CO₂ emissions is one-third of global average
The target for reducing emissions intensity relative to India's GDP has been raised to 45% by 2030, up from the previous 33-35% target from the 2005 level
Domestic resources will push growth: Eco Survey
The medium-term growth outlook of the Survey recognises the significant growth-limiting impacts of increasing geo-economic fragmentation and the consequent resource nationalism on countries.
Fiscal deficit to drop to 4.5% of GDP or 'lower' by FY26: Economic Survey 2024
The Survey says against the global trend of widening fiscal deficit and increasing debt burden, India has remained "on the course" of fiscal consolidation
