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ECONOMIC SURVEY GROUP MEMBERS:                                       Presented To   AnfalShaikh (09)                                        prof:GarimaMam AshishAgrawal (16) DhvaniPathak Enam Khan IshaGarg (62)
  The Finance Ministry presents the Economic Survey in the parliament every year, just before the Union Budget. It is the ministry's view on the annual economic development of the country.   The Economic Survey of India is published by Central Statistical Organization which consists of general economic health of the country. It focuses on various micro and macro economic sectors with complete statistical data and analysis. Each year such survey is conducted to show the status of economic scenario of the country.
Highlights of the pre-Budget Economic Survey 2008-09. State of the Economy. Challenges, Policy Response and Medium-Term Prospects. Fiscal Developments and Public Finance. Prices and Monetary Management. Financial Intermediation and Markets. External Sector. Agriculture and Food Management. Industry. Energy, Infrastructure and Communications. Human Development, Poverty and Public Programmers. Statistical Tables.
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Introduce new income tax code that results in neutral corporate tax regime.
 7-7.5% growth possible in 2009-10.
Allow 49% FDI in defence and insurance; permit FDI in multi-format retail starting   withfood.  ,[object Object],energy.  ,[object Object],[object Object]
   Revitalize disinvestment program me to generate Rs 25,000 crore annually, list all PSUs and        auction those beyond revival . ,[object Object]

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Economic Survey of India 2008

  • 1. ECONOMIC SURVEY GROUP MEMBERS: Presented To AnfalShaikh (09) prof:GarimaMam AshishAgrawal (16) DhvaniPathak Enam Khan IshaGarg (62)
  • 2.   The Finance Ministry presents the Economic Survey in the parliament every year, just before the Union Budget. It is the ministry's view on the annual economic development of the country.   The Economic Survey of India is published by Central Statistical Organization which consists of general economic health of the country. It focuses on various micro and macro economic sectors with complete statistical data and analysis. Each year such survey is conducted to show the status of economic scenario of the country.
  • 3. Highlights of the pre-Budget Economic Survey 2008-09. State of the Economy. Challenges, Policy Response and Medium-Term Prospects. Fiscal Developments and Public Finance. Prices and Monetary Management. Financial Intermediation and Markets. External Sector. Agriculture and Food Management. Industry. Energy, Infrastructure and Communications. Human Development, Poverty and Public Programmers. Statistical Tables.
  • 4.
  • 5. Introduce new income tax code that results in neutral corporate tax regime.
  • 6. 7-7.5% growth possible in 2009-10.
  • 7.
  • 8.
  • 9. Fiscal deficit in 2008-09 shot up to over 6 per cent from 2.7 per cent in 2007-08 .
  • 10.
  • 11. Auction 3G spectrum-The auctioned spectrum must be freely tradable.
  • 12. Rationalisation of dividend distribution tax .
  • 13. Reform petroleum (LPG, Kerosene), fertiliser and food subsidies to reduce leakages. -Limit subsidy on cooking gas to six to eight cylinders per household . - Kerosene subsidy only for non-electrified, non-cylinder homes . - Provide fertiliser subsidy directly to farmers . - Convert production subsidies into direct consumer subsidies.
  • 14.
  • 15. Implement GST from April 1, 2010
  • 16. Rapid operationalisation of UID Authority within 3 months .
  • 17. Agriculture growth fell sharply to 1.6 per cent in 2008-09 from 4.9 per cent.
  • 18. Exports grew at 3.4 per cent to 168 billion dollar in 2008-09 from 163 billion dollar in previous fiscal.
  • 19. Imports grew at 14.3 per cent to $287.75 bn from $251.65 bn.
  • 20.