Economic Survey 2025 Flashcards
(114 cards)
Who authored the Economic Survey 2025?
V. Anantha Nageswaran - Chief Economic Advisor
Dept of Econo Affairs, Min of Finance
India is the ___ largest producer of cement industries
2nd largest
with 290 kg / capita consumption
Acc to Eco Survey, in FY26, GDP likely to grow at?
6.3 - 6.8%
Growth rate needed to achieve Viksit Bharat?
8%
For a decade or 2 for Viksit Bharat 2047
FY-26 forecast by IMF & Fitch Ratings?
6.5
FY26 forecast by ADB & WB?
ADB = 7%
WB = 6.7%
Why go for Deregulation particularly at state level?
- Ease of Doing Business 2.0
- Lowering cost of Business
- Accelerating emloyment
Govt getting out of the way
Acc to Eco Survey, a consistent growth of __% with a __% share in GVA would absorb surplus labour as output/ worker /ha rise in agri
5% growth
20% share of GVA
Acc to eco survey agri income has increased ___% pa compared to __% for non-agri income and ___% in overall economy
5.2% - agri
6.2% - non-agri
5.8% - overall
Lower tail dependence was noticed by the eco survey wrt agri yield and rainfall, what does it mean?
Correlation between yield losses & rainfall deficits is stronger for extreme rainfall deficienies than for minor variaions
A potential 2 degree rise in temp & a 7% inc in annual rain by 2099 could lead to a ___% dec in agri productivity
8-12%
Acc to a study in Economic Survey
Acc to Economic Survey drip irrigation reduces water consumption by ___% & boosts crop yield by ___% compared to flood irrigation.
water consumption: 39-55%
crop yield: 33-41%
Acc to economic survey because of drip irrigation farmer benefits inc to?
52.9 - 114.5%
Acc to Economic survey CAGR of Fisheries and Meat & eggs is?
Fisheries: 8.7%
Meat & eggs: 7.5%
highest value of output in agri
CAGR of Agri & Allied?
3.6%
Acc to 1st AE by NSO, current GDP Growth, in FY25 is at?
6.4%
Also Real GVA & Gross Fixed Capital Formation (GFCF) = 6.4%
There has been a ___ in FDI inflows compared to 2024
decline
Food Inflation inc from 7.5% to ___% in FY25
8.4%
Due to higher veg & pulse prices
Acc to Econo Survey, retail inflation was at 5.4% but has eased to?
4.9% in Apr-Dec 2024
Aka Headline inflation
Acc to Economic Survey, unemployment is down from 6% to
3.2% in 2023-24
Total value of UPI transactions at Rs. __L bn in FY24
Rs. 2L bn
Share of services in GVA rose from 50.6% in FY14 to?
Service sector - an old war horse
55% in FY25
30% of workforce is in services
IMF has projected a growth of ___% & ___% for 2024 & 25, globally.
3.2% in 2024
3.3% in 2025
Private final consumption expenditure (PFCE) at real prices is estimated to grow at?
7.3%
driven by a rebound in rural demand