What are the key points of 'Economic Survey of India - (2012-13)'?

hi
tell the key points of Economic survey of india?
2012-13

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Dear below I am presenting Major Issues/Topics and Highlighted Economic Survey of Indian 2012-13

As you know that Economic Survey of India presented every year. just before the final announcement of the union budget of India. Economic Survey of India shows actual details of the growth of Indian Economy of the past 1 year. It recapitulate the presentation on chief developmental programmes.

For your kind information that our respected Union Finance Minister Shri P. Chidambaram presented the Economic Survey of India on 27th of February 2013 in the Lok Sabha of the Parliament

Finance Ministry decided to hook the development/growth of the country at 6.1 to 6.7% and inflation at 6.2 to 6.6 for the next financial year 2013-14 and also made a strong call for cutting subsidies provided to the people through various schemes and plans by the central government of India

Basically Union Financial Ministry of India prepares Economic survey on following essential fields :

>> State of the Economy and Prospects
>> Seizing the Demographic Dividend
>> Public Finance
>> Prices and Monetary Management
>> Financial Intermediation
>> Balance of Payments
>> International Trade
>> Agriculture and Food Management
>> Industrial Performance
>> Service Sector
>> Energy, Infrastructure and Communications
>> Sustainable Development and Climate Change
>> Human Development
>> Statistical Appendix

Top major subjects of the Economic Survey of India 2012-13 are following as :

* Conclusion of the recession in the Indian Economy

* Massive increment in the expenses of society

* Assumption of the trade deficit to be around 4.6% for the financial year 2014

* Target of the government for fiscal deficit is approx 4.8% of GDP - Gross Domestic Product in 2013-14

* Economic growth for the year 2011-12 recorded - 6.2% due to external and internal affairs

* Conclusion of the downturn of the Economic growth

* Economic development of India on global level through various efforts and practices of the government

* Service sector has shown more resilience despite facing global slowdown

* Government seen a massive slowdown of the service sector growth that is - 6.6% during 2012-13 when it was 8.2% while the fiscal year 2011-12

* Government settled on stronger and permanent policies for the development of Agriculture sector

* Government of India approved FDI policy in India and expecting for huge investment in technology and opening new ways of the marketing of agricultural products

* Consistency in the growth of agriculture to create new jobs, income and security of food

* Planned to get rid of inflation via encouragement for the food production of India

* Turpitude in the export of India and balance of payments under pressure

*Government Priority to fight inflation by reducing fiscal impetus to demand as well as focusing on incentivizing food production

* Pitches for hike in price of diesel and Liquid Petroleum Gas to cut subsidy burden

* Expenses for the social service sector will be increased and first priority is for Education and second for health in 12th five year plan

* Positive efforts of the government to provide full advantage of various schemes and plans that are not being useful for people due to the lack of governance

* Environment will be the major subject to save during 12th five year plan

* Railway freight grows by 5.1 percent in 2012-13

* Try to control import of gold to reign current account deficit

* Raising tax to DGP ratio to more than 11% sees as grave for maintaining fiscal consolidation

Dear this is very useful information provided to you and I would like to inform you that this is the only highlight of the Economic Survey of India and request you to read complete Economic Survey of India at the official website maintained by UFM - Union Financial Ministry that is - http://indiabudget.nic.in/

You should visit at this website and download complete details and genuine data uploaded by the Indian Financial government and you will find out complete official budget at this website which is also most helpful for various competitive exams and mainly for UPSC exams so you must read all necessary details related to examination and keep visiting for further information

All the best