(Download) Economic Survey 2017

(Download) Economic Survey 2017

CONTENTS

  • 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

  • Introduction
  • Section 1: One India: Internal Trade in Goods
  • Does India Trade More Than Other Countries?
  • Relationship Between Interstate Trade and Manufacturing
  • Patterns of Interstate Trade: Arms-length Trade
  • Patterns of Interstate Trade: Intrafirm trade
  • Is Indian Interstate Trade Unusual? Formal Evidence from a Gravity Model
  • Explaining the puzzle: Why Does India Trade so Much?
  • Conclusion
  • Section 2: One India: Before the Law
  • Introduction
  • India's Constitutional Provisions and Jurisprudence
  • Provisions in Other Countries
  • Comparable WTO Law
  • Conclusion

12. India on the Move and Churning: New Evidence

  • Introduction and Main Findings
  • Baseline Census Data: Migration Levels and Growth
  • Re-estimating Migration: Two Time Periods, Two Data Sources, Two New Approaches
  • Conclusion

13. The 'Other Indias': Two Analytical Narratives (Redistributive and Natural Resources) on States' Development

  • Introduction
  • Impact of Redistributive Resources
  • Redistributive Resource Transfers: Evidence from Indian States
  • Impact of Natural Resources
  • Natural Resources and Evidence from Indian States
  • Conclusion

14. From Competitive Federalism to Competitive Sub-Federalism: Cities as Dynamos

  • Introduction
  • Background
  • Key Challenges
  • Lessons from Across India
  • Mobilising Resources
  • Conclusion

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Courtesy: indiabudget.gov.in