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Live: We don't need new economic policies, just focus on what we started, says CEA

he Survey has pegged 2018-19 GDP growth at 7-7.5 percent saying that current high oil prices remains a major concern.

LIVE Blog

New Delhi: Finance Minister Arun Jaitley on Monday tabled the Economic Survey 2018 in Parliament. The Survey has pegged 2018-19 GDP growth at 7-7.5 percent saying that current high oil prices remains a major concern.

Stay with us for the live updates.

29 January 2018
14:16 IST

Any area where governments are providing money, we need to use cooperative federalism, says Economic Advisor Arvind Subramanian.

14:16 IST

The Indian economy needs more vigilance, says Economic Advisor Arvind Subramanian.

14:15 IST

Key challenges are education, employment and agriculture, says Economic Advisor Arvind Subramanian.

14:10 IST

Economic Survey this time also has a chapter on delays due to legal hurdles, says Economic Advisor Arvind Subramanian.

14:08 IST

We have improved on lots of gender indicators, but a lot more needs to be done, says Economic Advisor Arvind Subramanian.

14:06 IST

For the first time, we have detailed data on how climate change is impacting economy, says Economic Advisor Arvind Subramanian.

14:05 IST

Re-igniting investment is more important than focusing on saving, says Economic Advisor Arvind Subramanian.

14:04 IST

Formal sector in India is much bigger than believed, says Economic Advisor Arvind Subramanian.

14:03 IST

It is amazing how GST has helped our understanding of Indian economy, says Economic Advisor Arvind Subramanian.

14:02 IST

India's stock market boom is different from other economies, says Economic Advisor Arvind Subramanian.

14:01 IST

Markets are misinterpreting borrowings by states and Central government, says Economic Advisor Arvind Subramanian.

14:01 IST

GST revenues doing well, says Economic Advisor Arvind Subramanian.

14:00 IST

Policy agenda for year ahead includes GST stabilisation and Air India privatisation, says Economic Advisor Arvind Subramanian.

13:56 IST

The manufacturing growth in India is health, says Economic Advisor Arvind Subramanian.

13:56 IST

Private investment is expected to pick up, says Economic Advisor Arvind Subramanian.

13:56 IST

India got rating upgrade, says Economic Advisor Arvind Subramanian.

13:56 IST

Growth projection for 2017-18 is higher. Agencies did not take into account some recent developments, says Economic Advisor Arvind Subramanian.

13:55 IST

Exports are driving growth, says Economic Advisor Arvind Subramanian.

13:55 IST

The expectation is really good, but the existing situation is less than potential, says Economic Advisor Arvind Subramanian.

13:51 IST

Major achievements this year gone are the launch of Goods & Services Tax, decisive tackling of Twin Balance Sheet challenge and validation of achievements and recognition of medium term prospects: CEA

13:51 IST

Chief Economic Adviser Arvind Subramanian talks about the Economic Survey 18

12:58 IST

Economic Survey says there is need to address pendency, delays and backlogs in the appellate and judicial arenas.

12:58 IST

Preliminary analysis of the Goods and Services Tax data reveals 50% increase in the number of indirect taxpayers: Economic Survey

12:57 IST

Gross Value Added (GVA) expected to grow by 6.1 percent in 2017-18 as compared to 6.6 percent in 2016-17

12:57 IST

Economy accelerated in second half of current fiscal due to GST, bank recapitalisation, liberalisation of FDI and higher exports: Survey

 

12:54 IST

GDP to expand by 6.75% in 2017-18, re-instating India as world's fastest growing major economy: Survey

12:38 IST

A series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19: Economic Survey

12:30 IST

Economic Survey 2017-18 tabled in Lok Sabha by Finance Minister Arun Jaitley

12:22 IST

The Economic Survey of India will be tabled in both houses of Parliament shortly

11:52 IST

Vice President M Venkaiah Naidu delivers the English version of the Presidential address to joint sitting of both the houses of Parliament

 

11:47 IST

Pradhan Mantri Ujjwala Yojana has empowered poor women to enjoy equal rights with their privileged counterparts thereby addressing a hitherto ignored aspect of social justice. So far, over 3 crore 30 lakh cooking gas connections have been provided : President Kovind

11:46 IST

Our fight against corruption is continuing. In the past one year, registration of about 350,000 suspicious companies have been cancelled: President Kovind

11:44 IST

To bring transparency in government procurement and to provide opportunity to maximum number of entrepreneurs, a new system - Government E-market place has been created by the name of GeM. With the help of  GeM portal, even the smallest of entrepreneurs are now  capable of selling their products to government: President Kovind

11:43 IST

I appreciate the soldiers and offer condolences to those who lost their lives in action. Jammu and Kashmir Police, defence and paramilitary forces are working together to fight terrorism in J&K: President Kovind

11:36 IST

After Independence while only 76 Airports were connected to Commercial flights, under 'Udaan' 56 Airports and 31 Helipads are being connected to commercial flights within 15 months only: President Kovind

11:35 IST

Aadhar has helped in securing the rights of the poor by eliminating middlemen. At present, Digital Payments are being carried out in more than 400 schemes of the Government: President Kovind

 

11:35 IST

‘BHIM App’ is playing a major role in promoting digital transactions. The recently launched ‘Umang App’ has made more than 100 public services available on mobile phones: President Kovind

 

11:35 IST

My Government has increased the minimum wage of workers by more than 40 percent. The number of registers for compliance of Labour laws has also been reduced from 56 to 5. All returns are now filed online on the Shram Suvidha Portal: President Kovind

 

11:35 IST

My Government has approved over 2400 ‘Atal Tinkering Labs’ under ‘Atal Innovation Mission’, in order to inculcate a spirit of entrepreneurship and creativity in children at an early age: President Kovind

 

11:35 IST

Education provides the foundation for building the future of the Nation. My Government is committed to strengthening and modernising School and Higher Education system in the country: President Kovind

11:34 IST

Under the ‘Deendayal Amrut Yojana’, over 5200 lifesaving branded medicines and surgical implants are being provided through 111 outlets at discounts ranging from 60 percent to 90 percent: President Kovind

 

11:34 IST

Through the ‘Pradhan Mantri Jan Aushadhi’ Kendras, 800 different medicines are being made available to the poor people at affordable rates. More than 3 thousand such kendras have been established in the country: President Kovind

 

11:34 IST

New ‘National Health Policy’ has been formulated by my Government for providing better & affordable healthcare facilities to the poor & middle class. In addition, under the ‘National AYUSH Mission’, traditional methods of treatment, such as, Yoga and Ayurveda are being promoted: President Kovind

 

11:33 IST

One of the major worries of the poor and middle class relates to treatment of diseases. The financial burden of treatment of disease further aggravates the suffering: President Kovind

11:31 IST

Kumbh Mela was included in the list of ‘Intangible Cultural Heritage of Humanity’. Last year, UNESCO accorded Ahmedabad the status of India’s first ‘Heritage City’. Chennai, on account of its glorious tradition of music, has been included in the list of Creative Cities by UNESCO: President Kovind

11:30 IST

Our nation is the youngest nation. My government started Start Up India, Stand Up India, Skill India and Pradhanmantri Mudra Yojana to help the youth of the country to realise their dreams and make them self employed: President Kovind

11:23 IST

With a sensitive approach towards providing housing with availability of water-electricity-toilet facility to all, my government is targeting to provide a house to every poor and homeless household by the year 2022: President Kovind

11:23 IST

To enhance the income of farmers, an ambitious scheme has been introduced in the Dairy sector under which a ‘Dairy Processing Infrastructure Development Fund’ with a corpus of Rs. 11 thousand crore is being set up: President Kovind

11:22 IST

Lives of lakhs of people in tribal areas especially in the North East region are dependent on bamboo industry. Inclusion of bamboo in the category of tree had adversely affected livelihoods associated with it. Keeping in mind these difficulties, my Government has excluded bamboo from the category of tree. This has now provided freedom to cut, transport and use bamboo: President Kovind

11:21 IST

To bring everyone closer to development, work under 'Pradhanmantri Gram Sadak Yojana' is being done speedily. In 2014 only 56 percent villages were connected to roads, today more than 82 percent villages have road connectivity with the majority being in remote areas: President Kovind

11:21 IST

2.70 Lakh Common Service Centers have been set up across the nation. These Centers provide digital service at low rates for various services even in the far off remote areas: President Kovind

11:20 IST

Work has started to connect villages with Broadband connectivity. 2.5 lakh Panchayats have already been connected so far: President Kovind

11:17 IST

To bridge the gender gap, my government had started 'Beti Bachao, Bethao' program under which we have seen positive outcome. Now this program has been extended to 640 dictricts from 161 districts: President Kovind

11:17 IST

The government is committed to double the income of farmers by the year 2022, says President Kovind

11:16 IST

I hope the Triple Talaq Bill will be passed soon so that Muslim women can live a life of dignity and without fear: President Kovind

11:16 IST

The 10 ASEAN leaders as guests on our Republic Day reflects India's philosophy of 'vasudhaiva kutumbakam': President Kovind

11:10 IST

It is our duty that when we celebrate Mahatma Gandhi's 150th birth anniversary in 2019 we pay tribute to him by making our country completely clean: President Kovind

11:10 IST

Baba Saheb Ambedkar used to say that without economic and social democracy, political democracy is unstable, says President Kovind

11:04 IST

President Ram Nath Kovind addresses joint sitting of Lok Sabha and Rajya Sabha at the commencement of Budget Session

10:58 IST

President Ram Nath Kovind arrives at Parliament. He will be addressing both the Houses at the commencement of the Budget Session.

10:51 IST
10:50 IST

We should make use of our system of parliamentary committees and discuss aspects of the Budget. We should think about the well-being of rural India, farmers, Dalits, tribal communities and labourers: PM Modi

10:50 IST

This Budget Session is important. The world is optimistic about India. Agencies like World Bank and IMF have been giving an optimistic opinion of the country: PM Modi

10:48 IST

There are discrepancies. Bills tabled at last moment. This reduces democracy in Parliament. We told them why do you call for such short sessions? Ruling Party is taking things lightly. Bills are being passed just like that: Mallikarjun Kharge on all-party meeting

10:46 IST

One day Press will address the sitting, one day Budget will be presented, on two days non-official bills will be discussed. How will things be discussed in four days? This is just an eyewash. They want to just get done with this and go for election: Mallikarjun Kharge on Triple Talaq Bill

10:38 IST

I request all political parties to make Triple Talaq Bill pass in this Budget session of the Parliament, says PM Narendra Modi

10:38 IST
09:49 IST

This will be the first Budget in the post- GST (Goods and Services Tax) era and the last full budget from Jaitley before the general election in 2019

09:49 IST

Finance Minister Arun Jaitley will present the Union Budget 2018 for the fiscal year 2018-19 on February 1

09:48 IST

The first phase will be held from January 29 to February 9 and the second phase from March 5 to April 6

09:47 IST

Budget session of the Parliament will be conducted from January 29 to April 6

09:47 IST

As many as 28 bills will be tabled in the Lok Sabha, while 39 bills are listed for the Rajya Sabha for the upcoming session

09:47 IST

President Kovind`s address to a joint sitting of the Lok Sabha and Rajya Sabha will mark the beginning of the Budget Session 2018

09:46 IST

The Budget session of the Parliament will begin on Monday at 11 am with the speech of President Ram Nath Kovind

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