Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman Photo: @FinMinIndia /X
Here are key takeaways from Economic Survey 2024-2025
Predicts positive outlook for Indian economy; calls agriculture ‘sector of the future’
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Economic Survey 2025: Employment increased in agriculture sector, decreased in manufacturing and services
40.8 per cent regular workers and 51.9 per cent casual workers in agriculture sector are not getting minimum wages.The government had said in last year’s Economic Survey that an average of 7.85 million non-farm jobs would need to be created annually by 2030 to productively engage the growing working population
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Economic Survey 2024-25: India’s health spending doubles in four years to Rs 6.1 lakh crore
Health expenditure now accounts for 3.8% of GDP, government schemes like AB-PMJAY slash out-of-pocket expenses while infrastructure investments rise
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Economic Survey 2024-25 cites weather vagaries as domestic food inflation remains high, defying global trend
The report, however, indicated that supply chain disruption caused by adverse weather conditions are responsible for the firm food inflation. Tomato and onion prices specifically have been drivers of food inflation, and consequently headline inflation in recent months
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Economic Survey 2024-25 highlights lack of climate finance for adaptation
COP29 in Baku last yearSurvey details various sector-specific approaches and initiatives taken for adaptation to the impacts of climate change
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Economic Survey 2024-25 calls for crop shift away from cereals to boost farmer incomes
Oilseeds saw a slow growth of 1.9 per cent, raising concerns, given India’s heavy reliance on imports for edible oil.Diversifying into pulses, oilseeds and high-yield crops could lift farm incomes, reduce import dependence
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Economic Survey 2025: Food subsidy doubles in five years, monthly expenditure also increases
Anar Devi and her husband Sitaram Bhuiyan of Jharkhand's Palamu district have had their ration cards cancelled and they have not been getting subsidised rations for eight years. Rural and poor families have benefited most from government’s social welfare schemes, says Survey
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Economic Survey 2024-2025: India at a watershed point with AI’s rapid evolution
Policymakers must foster collaboration between government, industry, and academia to ensure equitable distribution of AI’s benefits
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Holistic development of agriculture and allied sectors crucial for diversification and resilience: Economic Survey 2024-25
Focusing on promoting diversification of crop production by farmers, the government has increased the MSP nutri-cereals, pulses and oilseeds. Survey stated that crop diversification and boosting allied activities related to fisheries, livestock and agroforestry can help mitigate challenges and risks posed by climate variability
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