Sep 26, 2020-Saturday

select city

Metro cities - Delhi, Mumbai, Chennai, Kolkata

Other cities - Noida, Gurgaon, Bengaluru, Hyderabad, Bhopal , Chandigarh , Dehradun, Indore, Jaipur, Lucknow, Patna, Ranchi

Saturday, Sep 26, 2020
ADVERTISEMENT

Live updates| No change in deadline for achieving 5 trillion economy: CEA

The Economic Survey is prepared by a panel headed by the Chief Economic Advisor (CEA) Krishnamurthy V Subramanian.

By HT Correspondent | Updated: Jan 31, 2020 15:04 IST
Live updates| No change in deadline for achieving 5 trillion economy: CEA

Finance Minister Nirmala Sitharaman has tabled the Economic Survey in the Parliament. She will present the Union Budget tomorrow.

The Economic Survey is prepared by a panel headed by the Chief Economic Advisor (CEA) Krishnamurthy V Subramanian.

The report will be tabled in both houses of the Parliament and will be followed by a press conference to discuss the way forward for the Indian economy.

The Economic Survey, which is an annual document of the finance ministry, reviews economic progress and issues over the past one year and essentially details the performance of major developmental schemes introduced by the government. It also highlights the performance of important government policies and their impact.

03:04 PM IST

Ideas in this economic survey need to implemented: CEA

When asked about risks involved in 'Thalinomics', CEA Subramanian said risks will continue to remain if fresher ideas are not implemented to fortify the economy.

03:01 PM IST

Cutting edge technology is incorporated to help employee ownership: CEA

Allowing employees to be owners is one of the primary targets of this economic survey: CEA

02:50 PM IST

No change in deadline for achieving the 5 trillion economy: CEA

CEA Subramanian is hopeful of achieving the 6-6.5% growth because there will be a uptick in growth since the economy had hit trough earlier.

02:41 PM IST

PSB networks will enable analytics, AI for better decision making: CEA

Public sector banking will be able to use data, artificial intelligence and build a network and use data through legal framework to ensure transparent corporate lending: CEA

02:33 PM IST

Food is produced more than demand: CEA

Every trader who stores is not a hoarder... prices of potatoes, onions due to imposition of stock limits did not have any effect on prices: CEA

02:29 PM IST

Post liberalisation new companies have made it to the Sensex: CEA

Information Technology, Financial services have made it to the Sensex and is consistent to the churn post-liberalization: CEA

02:24 PM IST

Wealth erosion by wilful defaulters affected growth previously: CEA

Subramanian: If wilful defaulters were held accountable then this money could have been used in social, public welfare projects.

02:23 PM IST

Trust in the system has helped enable economic growth: CEA

KVS says that due to rise in trust in the market due to new market policies has helped decrease corruption and trust deficit that affected firms has decreased enabling economic growth.

02:19 PM IST

Increase in growth rate accounts for accelerated growth in Sensex

KV Subramanian CEA said the invisible hand of the market has helped in growth of stock indices and markets subsequently.

02:17 PM IST

The economic slowdown since 2017 has been due to the lagged effect of reduced investment from 2013 which occurred due to credit boom-bust: CEA

The economic slowdown since 2017 has been due to the lagged effect of reduced investment from 2013 which occurred due to credit boom-bust: CEA

02:14 PM IST

Firms that borrowed a lot during 2008-12 invested less during 2013-17: CEA

Firms that borrowed a lot during 2008-12 invested less during 2013-17: CEA

02:13 PM IST

There has been a boom and bust in the share of corporate loans in non-food credit: CEA

There has been a boom and bust in the share of corporate loans in non-food credit: CEA

02:12 PM IST

The theme for this year's Economic Survey is Wealth Creation: CEA

The theme for this year's Economic Survey is Wealth Creation: CEA

02:11 PM IST

Economic Survey 2019-20 is a synthesis of the old and the new: CEA

Economic Survey 2019-20 is a synthesis of the old and the new: CEA

02:08 PM IST

We have a slowdown in the Indian economy, part of it is because of the global economy slowing down in 2019: CEA Krishnamurthy Subramanian

We have a slowdown in the Indian economy, part of it is because of the global economy slowing down in 2019: CEA Krishnamurthy Subramanian

First published: Jan 31, 2020 09:02 IST