Eco Survey & Budget 2025 Flashcards
Acc to Eco Survey, in FY26, GDP likely to grow at?
6.3 - 6.8%
Acc to Econo Survey, current GDP Growth, in FY25 is at?
6.4%
Who authored the Economic Survey 2025?
V. Anantha Nageswaran - Chief Economic Advisor
There has been a ___ in FDI inflows compared to 2024
decline
Food Inflation inc from 7.5% to ___% in FY25
8.4%
Due to higher veg & pulse prices
Acc to Econo Survey, retailinflation is at?
5.4%
Abbove RBI’s comfort rate
Acc to Economic Survey, unemployment is down from 6% to
3.2% in 2023-24
Total value of UPI transactions at Rs. __L bn in FY24
Rs. 2L bn
Growth rate needed to achieve Viksit Bharat?
8%
For Viksit Bharat 2047
FY-26 forecast by IMF & Fitch Ratings?
6.5
FY26 forecast by ADB & WB?
ADB = 7%
WB = 6.7%
Why go for Deregulation particularly at state level?
- Ease of Doing Business 2.0
- Lowering cost of Business
- Accelerating emloyment
Govt getting out of the way
Acc to Eco Survey, a consistent growth of __% with a __% share in GVA would absorb surplus labour as output/ worker /ha rise in agri
5% growth
20% share of GVA
Acc to eco survey agri income has increased ___% pa compared to __% for non-agri income and ___% in overall economy
5.2% - agri
6.2% - non-agri
5.8% - overall
Lower tail dependence was noticed by the eco survey wrt agri yield and rainfall, what does it mean?
Correlation between yield losses & rainfall deficits is stronger for extreme rainfall deficienies than for minor variaions
A potential 2 degree rise in temp & a 7% inc in annual rain by 2099 could lead to a ___% dec in agri productivity
8-12%
Acc to a study in Economic Survey
Acc to Economic Survey drip irrigation reduces water consumption by ___% & boosts crop yield by ___% compared to flood irrigation.
water consumption: 39-55%
crop yield: 33-41%
Acc to economic survey because of drip irrigation farmer benefits inc to?
52.9 - 114.5%
Acc to Economic survey CAGR of Fisheries and Meat & eggs is?
Fisheries: 8.7%
Meat & eggs: 7.5%
highest value of output in agri
CAGR of Agri & Allied?
3.6%
Share of services in GVA rose from 50.6% in FY14 to?
55% in FY25
30% of workforce is in services
Nirmala Sitharaman presented her __th consecutive Budget this yr
8th
Acc to union budget, new KCC limit is?
Rs. 5L
from current Rs. 3L
NPAs in Agri have only increased from 25.4% in 2023 to?
28.4% in 2024
The increase in limit of KCC from Rs. 3L to Rs. 5L will apply only to? How many accounts are they?
Accounts with good repayment track record
8 mn of 77.7 mn
No burden on banks
KCC Fisheries introduced in yr ___ has a collateral free loan limit of ___
2018-19
Rs. 1.6L
Interest rate in KCC
7%
3% rebate for timely repayment
Share of accounts in KCC that are to be impacted by the recent Budget?
About 10.3% of holders
about 8mn people
Dhan Dhanya Krishi Yojana aims to benefit ___ crore farmers in ___ districts
1.7 crore
100 districts
To ensure migration is an option not a necessity
The 100 districts in Dhan Dhanya Krishi Yojana will be?
- Low productivity
- moderate crop intensity
- below avg credit districts
Acc to Union Budget, The Makhana Board & Nat Institute of Food Tech, Processing and Innovation will be set up in?
Bihar
What agri called in the union budget?
The 1st engine of development
Aatmanirbharta in pulses is set to run for?
6 yrs
Reduce dependency on rice -wheat in punjab haryana
Pulses targeted in aatmanirbharta in pulses?
Tur (pigeon pea)
Masoor (lentil)
Urad (black gram)
Tur, masoor, urad scientific name?
pigeon pea, lentil, black gram
Pigeon pea: Cajanus cajan
Lentil: lens culinaris
Black gram: Vigna mungo
In Mission for Aatmanirbharta in Pulses, procurement agency for the next 4 yrs?
NAFED & NCCF
In terms of money allocation, DoA&FW saw a dec of?
3%
India’s msme employ __ mn people & contributes ___% to our manufacturing output
75 mn people
36%
The msme sector received an allocation of ₹____ a hike of __% from 2024
₹23,168 crore
4.6% hike