(Download) Economic Survey 2017

Acknowledgements
Preface
Abbreviations
Eight Interesting Facts about India

SECTION I: THE PERSPECTIVE

1. Economic Outlook and Policy Challenges

Introduction
Global Context
Review of Developments in 2016-17
Outlook for 2016-17
Outlook for 2017-18
Other Issues

Redistribution: Universal Basic Income (UBI) as a radical new vision

Exchange rate policy: Vigilance and new ways of monitoring

Trade Policy

Climate Change and India

Ensuring Women's Privacy

India's Soon-to-Recede Demographic Dividend

2. The Economic Vision for Precocious, Cleavaged India

Introduction
The Road to be Traversed
Possible Explanations
Conclusion

SECTION II: THE PROXIMATE

3. Demonetization: To Deify or Demonize?

Introduction
Background Facts
Analytics
Benefits
Early Evidence for Potential Long Term Benefits
Short Term Impact
Impact on GDP
Redistribution to the Government
Markers of Success
Maximizing Long Term Benefits, Minimizing Short-Term Costs

4. The Festering Twin Balance Sheet Problem

Introduction
Is the Strategy Sustainable?
What Needs to be Done?
Conclusion

5. Fiscal Framework: The World is Changing, Should India Change Too?

Introduction
India and the World: Flows
India and the World: Stocks
Conclusion

6. Fiscal Rules: Lessons from the States

Introduction
Summary of the Fiscal Responsibility Legislation
Assessment Methodology
Impact on Deficits
Off-Budget Expenditure
Budget Process
Assessment
Lessons for Future Fiscal Rules

7. Clothes and Shoes: Can India Reclaim Low Skill Manufacturing?

Introduction
Why Clothes and Shoes?
Challenges
Policy Response and Conclusions

8. Review of Economic Developments

Introduction
Fiscal Developments
Prices
Monetary Management and Financial Intermediation
India's Merchandise Trade
Balance of Payments
External Debt
Outlook for the Economy for the Year 2017-18
Agriculture and Food Management
Industrial, Corporate and Infrastructure Sectors
Services Sector
Social Infrastructure, Employment and Human Development
Climate Change

9. Universal Basic Income: A Conversation With and Within the Mahatma

Introduction
The Conceptual/Philosophical Case for UBI
The Conceptual Case against UBI
Why Universalize?
How Can a UBI Overcome These Issues?
Insurance against Risk and Psychological Benefits
Improved Financial Inclusion
Temptation Goods: Would a UBI Promote Vice?
Moral Hazard: Would a UBI Reduce Labour Supply?
The Way Forward
Conclusions

SECTION III: THE PERSISTENT

10. Income, Health and Fertility: Convergence Puzzles

Introduction
Finding 1: Income/Consumption Divergence Within India
Finding 2: Health Convergence within India with Room for Improvement against International Standard
Finding 3: Fertility: Exceptional Performance
Conclusions

11. One Economic India: For Goods and in the Eyes of the Constitution