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ECONOMIC SURVEY 2016-17 2ND EDITION PDF, EPUB, EBOOK Government of India Ministry of Finance | 9780199477661 | | | | | Economic Survey 2016-17 2nd edition PDF Book It furthers the University's objective of excellence in research, scholarship, and education by publishing worldwide. With detailed analysis of recent developments--international, domestic, as well as sectoral--the Survey is the most authoritative and updated source of information on India's economy. The eight core infrastructure supportive industries, viz. Certified Buyer , Ernakulam. Analysis Budget - Will it be maximum government? Rate Product. Above all, however, incentivizing good performance by the States will require the Centre to be an exemplar of sound fiscal management itself. News Takeaways from President Pranab Mukherjee's opening speech during budget session. When requesting a correction, please mention this item's handle: RePEc:oxp:obooks Flipkart Customer Certified Buyer , Ernakulam. As per the Economic Survey, there has been an improvement in the financial position of the States over the last few years. So far, there has been limited success. See general information about how to correct material in RePEc. But far more problematic is finding a way to resolve the bad debts in the first place. Ashima Goyal, It increases the costs to the government since bad debts of the state banks keep rising, and increases the costs to the economy, by hindering credit, investment, and therefore growth. This document is presented to both houses of Parliament during the Budget Session. Certificate Physical and Human Geography. Inflation is repeatedly being driven by narrow group of food items, of these pulses continued to be the major contributor of food inflation. The Survey suggests a few measures to maximize long-term benefits and minimize short-term costs of demonetisation. Global age-sex- specific fertility, mortality, healthy life expectancy HALE , and population estimates in countries and territories, — a comprehensive demographic analysis for the Global Burden of Disease Study Two, continued impetus to digitalization while ensuring that this transition is gradual, inclusive, based on incentives rather than controls and appropriately balancing the costs and benefits of cash versus digitalization. This concentration creates a challenge since large cases are difficult to resolve, but also an opportunity since TBS could be overcome by solving a relatively small number of cases. Certified Buyer , Vadodara. Wealth could fall further, if real estate prices continue to decline. India on the Move and Churning: New Evidence You can help correct errors and omissions. A flagship annual document of the Ministry of Finance, Government of India, the Economic Survey reviews the developments in the Indian economy over the previous twelve months, summarizes the performance on major development programmes, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term. And finally, an improved tax system could promote greater income declaration and dispel fears of over-zealous tax administration. More about this item Statistics Access and download statistics. News Budget expectations: ensure food security, minimise rural distress. View more on Economy. Prices declined, as wealth fell while cash shortages impeded transactions. This document is presented to both houses of Parliament during the Budget Session, tabled a day ahead of the Union Budget. In this context, the question is whether RRT, in future, can be linked more saliently to fiscal and governance efforts on the part of the States. Job losses, decline in farm incomes, social disruption, especially in cash-intensive sectors. Highlights of the Economic Survey The Indian Economy has sustained a macro-economic environment of relatively lower inflation, fiscal discipline and moderate current account deficit coupled with broadly stable rupee-dollar exchange rate. Also, whether mineral rich states like Jharkhand, Chhattisgarh, Odisha, Rajasthan and Gujarat, are doing well on the metrics of economic outcomes and governance is considered in the context of redistributive transfers. A flagship annual document of the Ministry of Finance, Government of India, the Economic Survey reviews the developments in the Indian economy over the previous twelve months, summarizes the performance on major development programmes, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term. The Ministry of Finance is an important ministry within the Government of India, which looks after the financial affairs of the State of India and monitors various aspects of the country's economy. What is economic survey? If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. Diamond, Jr. Economic Survey 2016-17 2nd edition Writer Why IPS? Cited by: Ravallion, Martin, Have doubts regarding this product? Could decline, if incentives for compliance improve. Flipkart Customer Certified Buyer , Ernakulam. Certified Buyer , Kota. News Budget expectations: ensure food security, minimise rural distress. Tax arbitrariness and harassment could attenuate credibility. If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. The Survey suggests a few measures to maximize long-term benefits and minimize short-term costs of demonetisation. Subscribe to our mailing list. One, fast remonetisation and especially, free convertibility of cash to deposits including through early elimination of withdrawal limits. Diamond, Jr. It increases the costs to the government since bad debts of the state banks keep rising, and increases the costs to the economy, by hindering credit, investment, and therefore growth. Certified Buyer , Vadodara. FRED data. Three, following up demonetisation by bringing land and real estate into the GST. Some debt repayment problems have been caused by diversion of funds. The survey juxtaposes the benefits and costs of the UBI scheme in the context of the philosophy of the Father of the Nation, Mahatma Gandhi. Report Economic Survey of Delhi — Cash-intensive sectors agriculture, real estate, jewellery were affected more. Only in Australia William Coleman. Highlights of the Economic Survey The Indian Economy has sustained a macro-economic environment of relatively lower inflation, fiscal discipline and moderate current account deficit coupled with broadly stable rupee-dollar exchange rate. However, not sharing Hindi as a common language appears not to create comparable frictions to the movement of goods and people across states. Oxford University Press is a department of the University of Oxford. The Economic Survey states that against the backdrop of robust macro-economic stability, the year was marked by two major domestic policy developments-the passage of the Constitutional Amendment, paving the way for implementing the transformational Goods and Services Tax GST , and the action to demonetize the two highest denomination notes. Four, reducing tax rates and stamp duties. See general information about how to correct material in RePEc. Please note that corrections may take a couple of weeks to filter through the various RePEc services. Job losses, decline in farm incomes, social disruption, especially in cash-intensive sectors. Two, continued impetus to digitalization while ensuring that this transition is gradual, inclusive, based on incentives rather than controls and appropriately balancing the costs and benefits of cash versus digitalization. Economic Survey 2016-17 2nd edition Reviews Finally, recognizing and responding creatively to possible pathologies created by large bounties-either in the form of redistributive resources or natural resources, will be important to avoid making the errors of history. The average CPI inflation declined to 4. Agriculture sector is estimated to grow at 4. The problem has consequently continued to fester: Non-Performing Assets NPAs of the banking system and especially public sector banks keep increasing, while credit and investment keep falling. Cited by: Ravallion, Martin, The headline inflation as measured by Consumer Price Index CPI remained under control for the third successive financial year. Income, Health, and Fertility: Convergence Puzzles Further, it brings to the fore a discussion on Universal Basic Income as a means of achieving social justice and economic productivity. Fiscal Rules: Lessons from the States 7. For example, a gravity model indicates that political borders depress the flows of people, reflected in the fact that migrant people flows within states are 4 times than migrant people flows across states. The average debt to GSDP ratio has also fallen. The Ministry of Finance is an important ministry within the Government of India, which looks after the financial affairs of the State of India and monitors various aspects of the country's economy. As a global organization, we, like many others, recognize the significant threat posed by the coronavirus. Liquidity Lost Paul Langley. So far, there has been limited success. Deposits will decline, but probably settle at a slightly higher level. Two, continued impetus to digitalization while ensuring that this transition is gradual, inclusive, based on incentives rather than controls and appropriately balancing the costs and benefits of cash versus digitalization. Martin Ravallion, Related Stories