ISBN : 9780199489398
The Economic Survey is the budget document of the Government of India. It presents the state of affairs of the Indian economy. Economic Survey 2017-18 consists of two volumes. Volume 1 provides an analytical overview of the performance of the Indian economy during the financial year 2017-18. It highlights the long-term challenges facing the economy. Volume 2 is a descriptive review of the major sectors of the economy. It emphasizes economic reforms of contemporary relevance like GST, the investment saving slowdown, fiscal federalism and accountability, gender inequality, climate change and agriculture, science and technolog, among others.
VOLUME I Acknowledgements Preface Abbreviations Ten New Facts on the Indian Economy 1. State of the Economy: An Analytical Overview and Outlook for Policy Overview: Short Term Overview: The Medium Term Recent Developments Outlook for 2017-18 Outlook for 2018-19 2. A New, Exciting Bird's-Eye View of the Indian Economy Through the GST Introduction Taxpayers Tax Base and its Spatial Distribution Size Distribution of Inter-Firm Transactions International Trade, Inter-State Trade and Economic Prosperity Trading Superstars: Indian Export Egalitarian Exceptionalism Informality of the Indian Economy Conclusion 3. Investment and Saving Slowdowns and Recoveries: Cross-Country Insights for India Introduction Identifying Investment and Saving Slowdowns Saving versus Investment: Growth Consequences Recovery from India-Type Investment slowdowns Conclusions: Policy Lessons for India 4. Reconciling Fiscal Federalism and Accountability: Is there a Low
Equilibrium Trap Introduction Local Governments: What do we know? State and Local Governments: Posing an entirely different question Conclusion: A Low Equilibrium Trap? 5. Is there a Late Converger Stall in Economic Development? Can India Escape it? Introduction The ButEL The Four Headwinds (Horsemen) Lessons for India 6. Climate, Climate Change, and Agriculture Introduction Temporal and Spatial Patterns of Temperature and Precipitation Impact of Weather on Agricultural Productivity Impact on Farm Revenue Conclusions and Policy Implications 7. Gender and Son Meta-Preference: Is Development Itself an Antidote Introduction India and Other Countries Performance of the Indian States Son Preference: Skewed Sex Ratio at Birth (SRB) Son Meta-Preference: Sex Ratio of Last Child (SRLC) and Unwanted Girls Conclusion 8. Transforming Science and Technology in India Why Science Inputs and Outputs: Some Evidence Outputs Expanding R&D in India: The Way
Forward 9. Ease of Doing Business' Next Frontier: Timely Justice Introduction Pendency and Delay: Facts Pendency and Delay: Possible Reasons Pendency and Delay: Costs Central Government Taxes: A Case Study Expenditure on Administration of Justice Policy Implications Annexures CONTENTS: VOLUME II Acknowledgements 1. An Overview of India's Economic Performance in 2017-18 GDP growth in 2017-18 GDP and its Components Savings and Investment Public Finance Prices and Monetary Management External Sector Prospects of Growth for 2018-19 Sectoral Developments Sustainable Development, Energy and Climate Change 2. Review of Fiscal Developments Receipts and Expenditure of Central Government Receipts Expenditure and Deficits State and General Government Annexure 1 Salient Measures under Indirect Taxes during 2017-18 Salient Measures Taken on Direct Taxes in the Budget 2017-18 and Thereafter Annexure 2 Policy Initiatives on Investment Management in
CPSES 3. Monetary Management and Financial Intermediation Monetary Developments during 2017-18 Liquidity Conditions and its Management Developments in the G-Sec Market Banking Sector Credit Growth Non- Banking Financial Sector Developments in Capital Market Insurance Sector 4. Prices and Inflation Introduction Current Trends in Inflation Drivers of Inflation State-wise Inflation Trends in Global Commodity Prices Efforts to Contain Inflation Conclusion 5. Sustainable Development, Energy and Climate Change Sustainable Development Goals National SDG Indicators and Baseline Urban India and Sustainable Development Access to Sustainable Energy International Solar Alliance (ISA) Entered into Force India and Climate Change Current Multilateral Negotiations and Climate Change Way Forward 6. External Sector Global Economic Environment India's Balance of Payments Developments Composition of Trade Trade Policy Multilateral Negotiations Trade Related
Logistics Anti-Dumping Measures Foreign Exchange Reserves Exchange Rate External Debt 7. Agriculture and Food Management Overview of Agriculture and Allied sectors Gross Capital Formation in Agriculture and Allied Sectors Production of Crops 2016-17 Kharif Production 2017-18 Sowing of Rabi Crops 2017-18 Dynamics of Agricultural Growth Cropping Pattern in Indian Agriculture Input Management in Agriculture Mitigating Risks in Agriculture: Crop Insurance and Crop Loss Agricultural Credit and Marketing Initiatives Agriculture Research and Development Food Management The Way Forward 8. Industry and Infrastructure Industry Index of Industrial Production (IIP) Eight Core Industries Corporate Sector Performance Foreign Direct Investment Key Initiatives taken by the Government to Boost Industrial Performance Sector Wise Issues and Initiatives Steel Sector MSME Sector Textiles and Apparels Leather Sector Gems and Jewellery Infrastructure Sector Policy Intervention in
the Road Sector Railways Metro Rail System Civil Aviation Shipping Telecom Power Logistics Sector : Exploring the Unexplored Petroleum and Natural Gas Housing for All - Some Issues 9. Services Sector International Comparison India's Services Sector Services GVA State-Wise Comparison of Services FDI in India's Services Sector India's Services Trade Major Services: Overall Performance Major Services: Sector-Wise Performance and Some Recent Policies Tourism IT-BPM Services Real Estate and Housing Research and Development Space Services 10. Social Infrastructure, Employment and Human Development Trends in Social Sector Expenditure Education for All Progress in Labour Reforms Political Empowerment of Women Health for All Swachh Bharat Mission (Gramin) The Way Forward