Union Budget 2013-14

• 

  National Agricultural Education Day: Centre Increased Agricultural Education Budget, Says Minister

  The government of India has increased the budget of Agricultural Education by 47.4% this year as compared to the financial year 2013-14, he said on the occasion of National Agricultural Education Day celebration.

• 

  Notes Ban May Drag Down This Year's GDP Growth To 4-Year Low: Economic Survey

  The Survey sees India's GDP growing between 6.5 per cent and 6.75 per cent in the current fiscal year - which will be the lowest in four years.

• 

  GDP Growth to Improve This Fiscal Year: Jaitley

  India's economic growth is expected to improve in the ongoing fiscal year (2014-15) from 4.7 per cent in 2013-14, helped by a revival in industrial growth, improved fiscal health and external economic situation, Parliament was informed on Friday.

• 

  Performance Review: Indian Auto Component Industry in 2013-14

  The auto component industry expects a growth of 4-6 per cent in the 2014-15 fiscal, if the vehicle sales continue to grow like they have in the last couple of months. Also, some positive initiatives taken by the Modi-led government during the union budget will also help the industry record growth, says ACMA.

• Current Account Deficit Likely to Fall to 2.1 Per Cent in FY15: Economic Survey

  India's current account deficit is likely to fall to 2.1 per cent of GDP in 2014-15 and will be fully financed in the current year, according to a government document.

• Chidamabaram Appreciates 'Restrained Language' of Economic Survey

  Former Finance Minister P Chidambaram has appreciated the restrained language of the pre-budget Economic Survey but expressed disappointment over it envisaging a five year period to put in place reforms.

• Government, Farmers Wasting Rs 8,500 Crore of Funds on Urea: Economic Survey

  Lamenting that a distorted policy has led to stagnation of investment in the fertiliser sector and increase in imports, the economic report card for 2013-14 said on Wednesday, government and farmers are together wasting funds of about more than Rs 8,500 crore on urea.

• Agricultural Exports Up 5.1 Per Cent at $37.29 Billion in FY14: Economic Survey

  Agricultural exports, including marine, increased 5.1 per cent to $37.29 billion in 2013-14, on account of a jump in exports of rice.

• Economic Survey Details Course Economy Needs to Undertake: Finance Secretary

  The pre-Budget Economic Survey details the course the Indian economy needs to undertake urgently to revive growth and realise its long-term potential, a top finance ministry official has said.

• Regulators Should Have Limited Powers: Economic Survey

  Calling for a re-examination of all laws that empower government to interfere in markets, a government document has said regulators should be given only "limited powers".

• Economic Survey for Increasing Share in Merchandise Exports

  India should more than double its share in world merchandise exports to at least 4 per cent in the next five years, a government document has said.

• Economic Survey for Market Pricing of Natural Gas

  Weeks after the new government deferred a decision on revising natural gas prices, the pre-budget Economic Survey has called for market-linked pricing to boost domestic oil and gas exploration, and production.

• Economic Survey for Developing an Integrated Bond-currency-derivative Market

  To tide over the problem of illiquidity, the pre-budget Economic Survey has pitched for developing an integrated bond, currency and derivative market at par with equities.

• Economic Survey Presents Realistic Macroeconomic Picture: India Inc

  Terming the Economic Survey 2013-14 as a "realistic" assessment of the current picture, India Inc on Wednesday hoped that the Union Budget will address key issues like infrastructure development and implement measures outlined in the document to revive growth.

• Power Production Falls Short of Target by 8 Billion Units: Economic Survey

  However, the power generation in 2013-14 was higher by 6 per cent compared to production of 912.06 billion units in 2012-13.