Chapter 1: State of the Economy 2023-24

• Overview: Analyzes the current state of the Indian economy, highlighting GDP growth, inflation rates, and key economic indicators.
• Key Points:
  • GDP growth rate projected at 6.5%.
  • Inflation rate stabilizing around 4%.
  • Strong performance in agriculture and services sectors.

Chapter 2: Fiscal Developments

• Overview: Examines government revenues and expenditures, fiscal deficit, and public debt.
• Key Points:
  • Fiscal deficit target at 3.3% of GDP.
  • Emphasis on increasing tax compliance and revenue mobilization.
  • Reduction in public debt-to-GDP ratio.

Chapter 3: Monetary Management and Financial Intermediation

• Overview: Discusses monetary policy, banking sector performance, and financial inclusion.
• Key Points:
  • RBI's focus on controlling inflation while supporting growth.
  • Improvement in Non-Performing Assets (NPAs) in the banking sector.
  • Expansion of digital payments and financial inclusion initiatives.

Chapter 4: Prices and Inflation

• Overview: Analyzes trends in inflation and price stability.
• Key Points:
  • Efforts to control food and fuel prices.
  • Impact of global commodity prices on domestic inflation.
  • Policy measures to stabilize consumer price inflation.

Chapter 5: External Sector

• Overview: Reviews India's external trade, balance of payments, and foreign exchange reserves.
• Key Points:
  • Increase in exports driven by manufacturing and services.
  • Stable current account deficit.
  • Rising foreign exchange reserves providing a buffer against external shocks.

Chapter 6: Agriculture and Food Management

• Overview: Focuses on agricultural performance, food security, and rural development.
• Key Points:
  • Growth in agricultural output and productivity.
  • Initiatives for doubling farmers' income.
  • Improvement in food storage and distribution infrastructure.

Chapter 7: Industry and Infrastructure

• Overview: Highlights industrial growth, infrastructure development, and investment.
• Key Points:
  • Strengthening of manufacturing sector under Make in India.
  • Significant progress in infrastructure projects, including roads and railways.
  • Encouraging foreign direct investment (FDI) in key sectors.

Chapter 8: Services Sector

• Overview: Examines the contribution of the services sector to the economy.
• Key Points:
  • Dominance of IT and ITES in service exports.
  • Growth in tourism and hospitality sectors.
  • Policy support for startups and entrepreneurship.

Chapter 9: Social Infrastructure, Employment, and Human Development

• Overview: Reviews social infrastructure, employment trends, and human development indicators.
• Key Points:
  • Improvements in education and healthcare infrastructure.
  • Employment generation through various government schemes.
  • Enhancing skills development and vocational training.

Programs and Policies in Economic Survey 2023-24