Eco Survey suggests enhanced deregulation for MSMEs to boost growth

IANS | January 31, 2025 3:55 PM

New Delhi, Jan 31 (IANS) Faster economic growth is only possible if the Union and state governments continue to implement reforms that allow small and medium enterprises to operate efficiently and compete cost-effectively, said the Economic Survey 2024 on Friday.

Eco Survey: Demographic advantage, responsible approach position India to benefit from AI

IANS | January 31, 2025 3:38 PM

New Delhi, Jan 31 (IANS) As concerns grow around Chinese AI DeepSeek while India remains steadfast in safeguarding users’ data and privacy, the Economic Survey 2024-25 on Friday said the country's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, which can serve not as a crisis but as a catalyst for equitable economic transformation -- positioning India to thrive in an increasingly automated world.

India a bright spot in global manufacturing despite persistent geo-political tensions: Eco Survey

IANS | January 31, 2025 3:12 PM

New Delhi, Jan 31 (IANS) India remains a bright spot on the global manufacturing map despite persistent geopolitical tensions, aggressive industrial and trade policies, supply chain disruptions and global trade slowdown, and fostering R&D investments, and innovations enhancing the growth and formalisation of smaller manufacturers will further drive growth across various sectors, the Economic Survey 2024-25 said on Friday.

India’s economy remains steady amidst global uncertainties: Economic Survey

IANS | January 31, 2025 2:42 PM

New Delhi, Jan 31 (IANS) India’s domestic economy remains steady amidst global uncertainties, driven by robust growth in the services sector, a rebound in agriculture, and the industrial sector picking up momentum on the back of rising private consumption, according to the Economic Survey tabled in Parliament on Friday.

Govt bullish on creating robust infra, private sector must reciprocate too: Eco Survey

IANS | January 31, 2025 2:38 PM

New Delhi, Jan 31 (IANS) The government has laid a special focus on infrastructure -- physical, digital and social -- in the last five years and those efforts would need to be supplemented with wholehearted acceptance of the need for public-private partnerships in infrastructure across the country, the Economic Survey 2024-25 said on Friday.