Economic Survey 2016-17: Chapter -03: Demonetization: To Deify or Demonize?

In its third chapter, the survey tries to analyze {and to justify} the rationale behind governments move to demonetize, impacts of demonetisation, benefits of demonetisation and way forward. We note that there were two previous instances of demonetization, one was ..

Economic Survey 2016-17: Chapter-2: Economic Vision For Precocious, Cleavaged India

“Democracy” has allowed India to show a robust performance in economic growth yet, there are  serious challenges that underline the poor democracy with deep social fissures in the country. Due to these challenges, the economic survey calls India a precocious, ..

Economic Survey 2016-17: Chapter-1: Economic Outlook and Policy Challenges

This is a summary of the chapter 1 of the Economic Survey 2016-17. Key Economic Reforms in 2016 At domestic front, year 2016 was marked by two major policy developments viz. passage of GST bill and demonetisation.  The GST will ..

Economic Survey 2016-17: Eight Interesting Facts About India

The survey 2016-17 has put together eight interesting facts, which actually hint towards larger issues related to the country. These facts are as follows: 1. The work-related migration in India is increasing The Railway passenger traffic data reveals that around ..

Budget 2016-17: Short Notes and Observations

National Investment Grid To promote private investment in different states, the Department of Industrial Policy and Promotion (DIPP) has initiated a national investment grid, which will map business opportunities in different states so that the private sector can be encouraged ..

Nine Pillars of Union Budget 2016-17

Union budget 2016-17 is centered around a transformative agenda with nine pillars. These nine pillars of Modi-Jaitley macroeconomic strategy provide adequate basis to ensure that India remains a growing large economy. These nine pillars are as follows: Agriculture and Farmer welfare ..

Railway Budget 2016-17: Other Proposals for Farmers, Freight, Industry, Environment etc.

[no_toc] Proposals for Farmers The budget has proposed encouraging development of cold storage on vacant land near freight terminals. Local farmers and fishermen would be given preferential usage of the facility. Railway will issue a policy on this context in ..

Rail Budget 2016-17: New Trains and Passenger Amenities

For Reserved Passengers Three train services viz. Humsafar, Tejas and UDAY have been introduced for reserved passengers. Humsafar service would be fully air conditioned third A/C service with an option for meals. Tejas on the other hand would showcase the ..

Railway Budget 2016-17: Capacity Augmentation Proposals

The Railway Budget 2016-17 is pegged at Rs. 1.21 Lakh Crore, which stands 21% higher than previous budget. Following are the capacity augmentation proposals. Commissioning of Broad Gauge Track and track electrification There is a plan to commission 2800 kilometers ..

Avataran: The Seven Missions of Indian Railways

In the Railway Budget 2016-17, the Railway Minister Suresh Prabhu has announced 7 activities to be conducted in mission mode under the umbrella of “Avataran”. These missions are as follows: Mission 25 Tonne It aims to increase revenue of Railways by augmenting ..