• About
  • Advertise
  • Careers
Tuesday, May 20, 2025
  • Login
No Result
View All Result
Hindustan Surkhiyan
66 °f
Columbus
  • World
  • USA
  • New York
  • Bangladesh
  • India
  • Sports
  • Entertainment
  • Science & Tech
  • More
    • Opinion
    • Fashion
    • Business & Economy
    • Interview
    • Literature
      • poetry
    • Lifestyle
      • Biography
    • Nature
    • Travels
    • Cartoons
  • বাংলা
  • World
  • USA
  • New York
  • Bangladesh
  • India
  • Sports
  • Entertainment
  • Science & Tech
  • More
    • Opinion
    • Fashion
    • Business & Economy
    • Interview
    • Literature
      • poetry
    • Lifestyle
      • Biography
    • Nature
    • Travels
    • Cartoons
  • বাংলা
No Result
View All Result
Hindustan Surkhiyan
Home India

FM Jaitley presents Economic Survey 2017-18 in parliament: 10 points

January 29, 2018
in India
Reading Time: 2 mins read
A A
FM Jaitley presents Economic Survey 2017-18 in parliament: 10 points
10
VIEWS
Share on FacebookShare on Twitter

New Delhi: The Finance Minister Arun Jaitley on Monday presented the Economic Survey of 2017 in the parliament. The survey has predicted a growth rate of 7-7.5% in the year 2018-19,

The Government while presenting the survey, which is the report card of the developments in the Indian economy over the previous 12 months promised to “whole-heartedly spend on the development projects”.

The government has also urged to divert the focus from fiscal deficit and instead focus on development.

Economic Survey 2017-18:

 

    • In  2017-18, the Real GDP growth rate was 6.75%, nominal growth of 10.5%

 

 

 

    • GST revenues doing well: 12 percent growth, better buoyancy than previous taxes

 

 

 

    • Post-demonetization and GST, increase in new tax filers (over and above natural increase) of about 1.8 million and some boost to individual income tax collections

 

 

 

    • Upside potential: Exports, pick-up in private investment Factors to be watched: high/rising oil prices, sharp corrections of stock prices, “sudden stall” of capital flows

 

 

 

    • Policy Agenda for coming year: Support agriculture; stabilize GST; finish resolution + recapitalization; privatize Air-India; head off macro-economic pressures

 

 

 

    • Are markets misunderstanding government borrowing? About Rs 40,000 crores of general government’s 2017-18 borrowing does not reflect underlying deficits

 

 

 

    • India’s stock market boom different from U.S. Better profit expectations, large portfolio allocation away from gold and real estate into stocks and higher interest rates; warrants heightened vigilance

 

 

 

    • Capital raising (public+pvt.) has increased substantially but incommensurate with low cost of stock market capital (inverse of price-earnings ratio); compare with previous episode

 

 

 

    • GST shows cooperative federalism “technology” is powerful, must be used for other reforms involving states: agriculture, power, DBT India went from “crony socialism to stigmatized capitalism” hence recent actions on twin balance sheet noteworthy

 

 

 

  • Textile package boosted exports of key man-made ready-made garments by 16 percent

 

 

 

*News Searching By ABP*

Previous Post

Kasganj: Accused reveal ‘conspiracy’ behind sporadic violence in UP town

Next Post

Kasganj: Chandan’s family refuses to accept compensation, seeks martyr status for son

Related Posts

India deportation flight likely cost US more than $1 mn

India deportation flight likely cost US more than $1 mn

February 7, 2025
Hasina’s extradition: ‘India has not responded to Dhaka’s request’

Hasina’s extradition: ‘India has not responded to Dhaka’s request’

February 7, 2025
“Brahmin Should Handle Tribal Affairs”: Minister Sparks Row, Then Clarifies

“Brahmin Should Handle Tribal Affairs”: Minister Sparks Row, Then Clarifies

February 2, 2025
Manipur Kuki Body Leader Faces Action After Mob Tries To Stop Forces From Destroying Poppy Fields

Manipur Kuki Body Leader Faces Action After Mob Tries To Stop Forces From Destroying Poppy Fields

February 2, 2025
Next Post
Kasganj: Chandan’s family refuses to accept compensation, seeks martyr status for son

Kasganj: Chandan's family refuses to accept compensation, seeks martyr status for son

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Recent

Hindutva: From Ideology to Governance

Hindutva: From Ideology to Governance

May 19, 2025
Graves and Glory: The Human Toll of the Indo-Pak Wars

Graves and Glory: The Human Toll of the Indo-Pak Wars

May 19, 2025
To Go to War or Not: A Reflection on India’s Current Path!

To Go to War or Not: A Reflection on India’s Current Path!

May 9, 2025
India deportation flight likely cost US more than $1 mn

India deportation flight likely cost US more than $1 mn

February 7, 2025
Hasina’s extradition: ‘India has not responded to Dhaka’s request’

Hasina’s extradition: ‘India has not responded to Dhaka’s request’

February 7, 2025

Follow Us

Shah J. Choudhury
President
Husneara Choudhury
Editor
A Unit of Shah Group
USA Office: 70-52 Broadway 1A, Jackson Heights, NY 11372. Contact:‭ +1 (718) 496-5000.
Bangladesh Office: F-29, Road-01, Sector-02, Aftabnagar, Dhaka-1212.
India Office: 352, Block A, Sector 2, Rohini, New Delhi 110085. Contact: +91 987 343 8786.
Email: hindustansurkhiyan@gmail.com, www.hindustansurkhiyan.com

A Unit of Shah Group
© Copyright 2022, All Rights Reserved by Hindustan Surkhiyan
Privacy Policy   Term & Conditions

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • World
  • USA
  • New York
  • Bangladesh
  • India
  • Sports
  • Entertainment
  • Science & Tech
  • More
    • Opinion
    • Fashion
    • Business & Economy
    • Interview
    • Literature
      • poetry
    • Lifestyle
      • Biography
    • Nature
    • Travels
    • Cartoons
  • বাংলা

© Copyright 2022, All Rights Reserved by Hindustan Surkhiyan

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.