ECONOMIC SURVEY 2018

ECONOMIC SURVEY 2018 There seems to be light after so much struggle and harsh and so also it was noticed that there seems to be growth in upcoming years as there are problems which got stuck in the way of the Economic growth are getting resolved.

Market Survey may not come with that pleasant voice to the investors there is been a news to the market growing much (SIP) to take care while putting upon the next installment of their investment but also the macro outlook is looking better a some of the difficulties in growth are seems to be solved very soon.

Indian Equities - As a survey reveals that Indian and U.S. Equities have railed in recent past events whereas india has despite of several factors like Adverse Industry earning to GDP ratio and high allocation of interest in Infrastructure Sector has seems to be an adverse mark of the Equities of Indian market and whereas in U.S. it seems to be clear in report that the macro factors of their economies are robusting and growing. These massive changes had forced to redraft the portfolio on a long term basis scale.

However these valuations will lead to sustainable growth and increased future earnings.

The GDP Matter Many of the hamstrings and obstacles has come to our way like Shadow of Demonetisation and Sour taste of GST Crunch but that are the shadow of past and the economy has left it behind also the twin balance sheet problems are getting resolved by inception of Insolvency and Bankruptcy Code that actually boost the condition of industry accounting issues as well as the debt issues of the Banks loan.

Even at the end of the season the slightly up but a good news of govt. Which is inflution of fund in the bank to reduce their existing loans and plan to boost them has come to force. The Economy has begun with the acceleration of second half year this would allow the Actual GDP Growth to be upward to 7-7.5% in FY19 than 6.75% in FY18.

Some other Points of the Economic Survey are

A. After Implementation of GST it has been Noticed that number of small taxpayers have been reduced but an overall increase of 50% Indirect Taxpayers are being increased.

But there as been a closely linked distribution under gst that has actually boosted the export performance and standard of living of India’s formal sector.

B. In the agriculture there may we see the growth of around 2.1% as survey reports that growth in Industry would seems to be 4.4% in FY18.

C. Growth in service industry is likely to be 8.3% whereas it is also noted that company's Economic Growth should witness the Improvement.

D. The Apparel Sector has shown an Immense growth in the last year as it may also generate the Employment and Women empowerment this is also specially true that in the recent year the share of china’s Export of apparel has been go down and of india has gone up but there may be need of capitalisation in this.

E. Survey states that Maharastra, telangana, Gujrat, Karnataka and tamil nadu account for 70% of India’s Export.

F. As the govt. Has added number of additional tax payers due to GST so that’s why in future Tax to GDP ratio would seem to be improved.

The growth in manufacturing sector has been improved drastically as it will also affect the Growth in FMCG sector and others sectors correlated with that like export and production etc. Steel and Cement industries are one of the examples of that growth and that growth also will generate the Employment in near future.

The small tools industry need to be pushed for greater production and farm mechanism. The budget would be hoping in a favour of that and that may get a push for the tools and farmer industry that would be helped due to increase of greater and innovative technologies and digitalisation.

This survey has also been focussed on women Empowerment not only giving women safety but also women Empowerment in means of commercialisation that means giving push to higher education make available to womens and also making good employment opportunities for women to make them independent for the ongoing Economy.

As the survey had concluded many things like pushing the GDP growth to a high level and also pushing the Employment scales giving rise to service industry and better empowerment of tax condition due to increase number of taxpayers with proactive and figures and interesting facts and charts that seems to be Innovation and Programmatic future and derive the india future on a good and well situated level.

As far as health Programs are considered Honorable prime minister may launch the scheme of health insurance for a huge level to provide the ease of health issues and diseases for the rural and low income group peoples.

The Very encouraging and Big data Analysis for the Economic Survey reveals the bigger picture of Tax collection both in case of direct as well as indirect taxation System and this can be a huge part of movement for Future economic growth.