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India Budget >>Economy Survey
Economy Survey
The Economic Survey of the Indian government gives a detailed account of the various sectors of the economy. The Economic Survey points out the rising blows of inflation on one hand and the growth of the economy on the other. The primary sector, however, does not experience the growth like the industrial and the commercial sectors of the economy, but it is said to be looking up.
The Economic Survey of India highlights various pros and cons that have been shaping the economy of India over the years, like deficient rainfall, prospects of good rabi crop, significant rise in industrial production, electricity generation, exports, services sector, foreign exchange reserves, lower revenue deficit, phenomenal growth in IPOs, and improvement in poverty and employment ratio. The Economic Survey projects a bright future for the Indian economy, recognizing the initiatives taken under the National Common Minimum Program of the government, enhanced flow of the foreign investors, buoyancy in investments and exports, policy for public private participation in infrastructure, preferences to agriculture, manufacture, and resource mobilization – all of which are expected to go a long way in furthering the economic growth of the country.
The Economic Survey stresses on the development of a number of sectors like telecom, roads, ports, and civil aviation which is expected to yield rewarding results and made a good impact on economic growth of the nation. Although there have been no official records measuring poverty and unemployment of the country after 2000, the yearly Economic Survey of the country suggest that the level of poverty has been definitely reduced and employment has shot up.
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