WE ARE THE DEVELOPING ECONOMY IN THE WORLD               SPECIFIC SURVEY ARUN JAITLEY INTRODUCED THE 2018 ECONOMIC SURVEY IN LOK SABHA - Way2News TV - Breaking News, Latest News, Politics News, Business News

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WE ARE THE DEVELOPING ECONOMY IN THE WORLD               SPECIFIC SURVEY ARUN JAITLEY INTRODUCED THE 2018 ECONOMIC SURVEY IN LOK SABHA

New Delhi Jan 29 (way2newstv.com):
Parliamentary Budget Session began Monday. After the President's speech, Union Finance Minister Arun Jaitley introduced the 2018 Economic Survey in Lok Sabha. We are the fastest growing economy in the world. For the 2017-18 fiscal year, the growth rate is likely to be 6.75 per cent. In the current fiscal, it will reach 6.5 percent.For the 2018-19 fiscal year, the growth rate is expected to be 7 to 7.5 percent. The recent surge in GST, the restructiation of banks, and the economic growth, is likely to be further strengthened in the next financial year, "the survey said. Medicinally focused areas - agriculture, education and employment. They have a high priority.

                               WE ARE THE DEVELOPING ECONOMY IN THE WORLD 
                                               SPECIFIC SURVEY
          ARUN JAITLEY INTRODUCED THE 2018 ECONOMIC SURVEY IN LOK SABHA


The rising oil prices are anxious. Saudi Arabia is likely to see a rise in the direct tax collection target for the current fiscal as the oil prices are likely to come down. GST is projected to grow between 8 to 10 per cent due to other systematic reforms. Industry growth has been projected at 7.4 per cent from 5.4 per cent in 2010-11 to 8.9 per cent in 2010-11. The agriculture sector's growth is 4.1 per cent, down from 1.2 per cent in the previous year. The GST has given a new boost to the economy.

 There have been several reforms since last year for GDP growth. Economic growth has been reduced by 0.25 to 0.5 per cent due to the annulment of banknotes. But there are advantages in the long run. India is less dependent on fossil fuels compared to China, America and Britain. Speaker Sumitra Mahajan announced that the Lok Sabha was postponed to Thursday after the economic survey was introduced. In the survey, the number of direct and indirect taxpayers increased by 50 per cent after the merchandise was implemented. Most of Maharashtra, UP, Tamil Nadu and Gujarat are registered in GST. Most taxpayers from UP and West Bengal have stated that compared to the past. However, a slowdown in the industrial growth rate after the GST was implemented, according to a survey. After the General Survey, the Lok Sabha was postponed to February 1.