Economic Survey 2020 | One liners | Civils OnlinEd

ECONOMIC SURVEY 2020

·         A 10% increase in registration of new firms in a district yield a 1.8% increase in Gross Domestic District Product (GDDP)

·         Before liberalisation, a Sensex firm expected to stay in it for 60 years, which decreased to only 12 years after liberalisation.

·         India’s rank in the New Firm Created, as per World Bank - 3 

 ·         Himachal Pradesh topped the Sustainable Development and Climate Change India Index 2019 

·         India hosted COP-14 to UNCCD which adopted the breakthrough measures in the accord, known as - Delhi Declaration 

       ·         Rank of India in Emerging Green Bond Market – 2nd 

·         COP-25 of UNFCCC was held at – Madrid

·         percentage of Forest and tree cover W.R.T. the geographical area of the country - 24.56 %  

·         GVA at Basic Prices for 2019-20 from ‘Agriculture, Forestry and Fishing’ sector is estimated to grow by—2.8%  

·         Level of mechanization in agriculture in India-40%  

·         Steel sector achieved a growth of 5.2% during 2019-20 (April November).

·         Mission Indradhanush:-

Has vaccinated 3.39 crore children and 87.18 lakh pregnant women of 680 districts across the country.

·         The Logistics industry of India Expected to touch by 2020 - US$ 215 billion 

·         From 2006-07 to 2019-20, Affordability of vegetarian Thalis improved by – 29% 

·         From 2006-07 to 2019-20, Affordability of non-vegetarian Thalis improved by - 18%

·         Rank of India in World Bank Ease of Doing Business 2019? 69

·         India is expected to create 4 crore well-paid jobs by 2025 and 8 crore jobs by 2030.

·         India is expected to raise its export market share to about 3.5 % by 2025 and 6% by 2030. 

·         India has an unprecedented opportunity to chart a labour -intensive, export trajectory based on China model 

·         With respect to Entrepreneurship and Wealth Creation Survey, New firm formation is the lowest in Eastern India  

·         Current Account Deficit (CAD) rate in 2019-20 - 1.5 %


 

·         Headline inflation Increased from 3.3 % in H1 of 2019-20 to 7.35 % in December 2019-20 due to – increase in food inflation

·         Foreign reserve as on 10th January 2020 - US$ 461.2 bn 

·         Wholesale Price Index (WPI) inflation in FY 2019-20 - 1.5%  

·         Consumer Price Index (CPI) inflation in FY 2019-20 -  4.1%

·         SBI is the only bank of India to rank in the Global Top 100 list

·         85% of Bank frauds are reported by the Public Sector Banks 

·         Turnaround time of ships in India as on 2018-19 - 2.48 days

·         GDP growth moderated to in H1 of 2019-20 - 4.8 %  

·         India’s BoP as on September 2019 - US$ 433.7 bn  

·         MTFP - Medium-term Fiscal Policy Statement

·         LDFM - liquid debt mutual funds 

•         Present Finance Minister: Smt Nirmala Seetha Raman

            Chief Economic Advisor of India - Krishnamurthy V Subramanian  

•   percentage of population that lie between population between 15 and 29 years in India – 35% 

•  The “PMJDY” bank account no. of beneficiaries - 37.8 crore  

•        P J Nayak Committee is related to - Public Sector Banks
•          Theme of Economic Survey 2019-20 - Wealth Creation