Economic Survey of India- Highlights

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• Plan Outlay for Health up by 13.9 Per Cent; Allocation on Gender Budgeting Gone up to 5.96 of Total Budget
• India’s Social Safety Nets Successfully Weather Global Economic and Financial Crisis; Social Sector Spending on Continuous Increase; Direct Benefit Transfer Scheme Successfully Implemented in States of Jharkhand, Tripura and Maharashtra
• Economic Survey Acknowledges Benefits of Market Diversification
• RS. 12,517 Crore Capital to be Infused in PSB’st to Augment their Tier-1 Capital
• Government Takes Several Initiatives to Achieve Greater Financial Inclusion
• Headline WPI Inflation May Decline Between 6.2 to 6.6. Per Cent in March 2013
• SUMMARY OF ECONOMIC SURVEY
• Robust Inflow of FDI in the Services Sector
• Chandigarh Tops with Highest Share of Services in GSDP with 85%
• India Has Highest Increase in Share of Services in GDP at 8.1%
• Upward Trend in Employment Maintained; Overall Employment Increased by 6.94 Lakh in June 2012 Over June 2011
• Industrial Relations Climate Generally Remained Peaceful and Cordial; Number of Strikes and Mandays Lost Show Declining Trend
• Seizing the Demographic Dividend - Grabbing Opportunities for the Indian Work Force
• Spurt in Refining Capacity and Pipeline Network
• More than 3.7 Lakh Villages Provided Electricity Through Rajiv Gandhi Grameen Vidyutikaran Yojana
• Energy Production and Consumption: A Snap Shot
• Legal Services Show a Steady Annual Growth of 8.2%
• 3 Per Cent Growth in Traffic Handled by Ports During 2011-12
• Tourism, Railways and Telecom Continue to Lead Other Sectors
• Agriculture Does Well in Output Growth
• India Calls for Additional Finance and Technology for Achieving Sustainable Development Goals
• More than 900 Infra Projects Under PPP Mode
• JNNURM: Fueling Urban Renewal
• Government to Expedite Projects Under NHDP
• Railway Freight Grows by 5.1 PER CENT
• Fiscal Outcome Indicates Significant Improvement in 2012-13
• Controlling Expenditure on Subsidies Crucial; Need to Raise Diesel and LPG Prices in Line with Global Markets
• Reprioritisation of Expenditure from Non-Plan to Plan Critical to Meet 12th Plan Outlay
• Foreign Exchange Reserves Remain Steady
• Gross Tax Revenue in April-December 2012 Grows by 15% Over Corresponding of Previous Fiscal
• Focus On Curbing Imports Of Gold And Making Oil Prices More Market Determined To Contain CAD
• Measures Taken by Government to Protect Consumers from Price Rise
• Visible Moderation in WPI Inflation while Food Inflation Remains High
• Government Initiatives Generate Optimism
• Industrial Growth Expected to Improve
• Government’s Key Initiatives to Boost Manufacturing
• Government to Raise Rs 40,000 Crore Through Disinvestment