{"id":44769,"date":"2025-02-01T06:38:41","date_gmt":"2025-02-01T01:08:41","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=44769"},"modified":"2025-10-08T12:36:17","modified_gmt":"2025-10-08T07:06:17","slug":"economic-survey-2024-25","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/economic-survey-2024-25\/","title":{"rendered":"Economic Survey 2024-25: Deregulation, Strategic Investments, and AI for Growth"},"content":{"rendered":"<h2>What\u2019s in Today\u2019s article?<\/h2>\n<ul>\n<li>Economic Survey Latest News<\/li>\n<li>Deregulation as a Growth Stimulus<\/li>\n<li>Boosting Strategic Investments for Economic Competitiveness<\/li>\n<li>Climate Change: Focus on Adaptation Over Mitigation<\/li>\n<li>Artificial Intelligence: Driving India\u2019s Tech Innovation<\/li>\n<li>Health and Nutrition: Tackling Processed Food Consumption<\/li>\n<li>Industrial Growth and Ease of Doing Business<\/li>\n<li>External Trade and Economic Challenges<\/li>\n<li>Conclusion: Towards &#8220;Viksit Bharat 2047&#8221;<\/li>\n<li>Economic Survey 2024-25 FAQs<\/li>\n<\/ul>\n<h2>Economic Survey Latest News<\/h2>\n<p>The <strong>Economic Survey 2024-25<\/strong>, tabled in Parliament by <strong>Finance Minister Nirmala Sitharaman<\/strong>, highlights <strong>deregulation, strategic investments, artificial intelligence (AI), climate adaptation, and inclusive policies<\/strong> as key pillars for economic growth.\u00a0<\/p>\n<p>The report underscores the need for <strong>private-sector-led innovation, ease of doing business, and a shift in regulatory mindset<\/strong> to propel India\u2019s economy forward.<\/p>\n<h2>Deregulation as a Growth Stimulus<\/h2>\n<p>The Survey advocates a <strong>&#8220;Deregulation Stimulus&#8221;<\/strong>, urging the government to <strong>minimize bureaucratic red tape<\/strong> and allow businesses to focus on innovation. It calls for:<\/p>\n<ul>\n<li>Shifting from a <strong>&#8220;guilty until proven innocent&#8221;<\/strong> regulatory approach to a <strong>trust-based system<\/strong>.<\/li>\n<li>Simplifying policies to make them more <strong>transparent and accessible<\/strong>.<\/li>\n<li>Enabling businesses to <strong>scale up without excessive compliance burdens<\/strong>.<\/li>\n<li>The Survey predicts that a <strong>deregulation-driven economic environment<\/strong> will help <strong>unlock India\u2019s demographic dividend<\/strong> and sustain growth over the next two decades.<\/li>\n<\/ul>\n<h2>Boosting Strategic Investments for Economic Competitiveness<\/h2>\n<ul>\n<li>With global trade growth slowing down, the Survey emphasizes <strong>domestic and foreign investments<\/strong> to maintain India\u2019s economic momentum. It highlights:\n<ul>\n<li><strong>Encouraging private sector investments<\/strong> to strengthen domestic supply chains.<\/li>\n<li><strong>Attracting foreign capital<\/strong> to enhance competitiveness.<\/li>\n<li><strong>Developing infrastructure and industrial ecosystems<\/strong> to support long-term growth.<\/li>\n<\/ul>\n<\/li>\n<li>The Survey underscores that <strong>domestic growth levers will play a more significant role<\/strong> than external trade in the coming years.<\/li>\n<\/ul>\n<h2>Climate Change: Focus on Adaptation Over Mitigation<\/h2>\n<ul>\n<li>India\u2019s energy transition strategy must prioritize <strong>adaptation<\/strong> rather than just <strong>emission reduction<\/strong>, according to the Survey. Key recommendations include:\n<ul>\n<li><strong>Diversifying energy sources<\/strong> while balancing economic and environmental sustainability.<\/li>\n<li><strong>Expanding public transportation<\/strong> as an efficient alternative to private electric mobility.<\/li>\n<li><strong>Avoiding over-reliance on imported resources<\/strong> for energy security.<\/li>\n<\/ul>\n<\/li>\n<li>With India\u2019s vast geography and resource constraints, the Survey argues that <strong>localized adaptation strategies<\/strong> will be more effective than global climate policies.<\/li>\n<\/ul>\n<h2>Artificial Intelligence: Driving India\u2019s Tech Innovation<\/h2>\n<ul>\n<li>Recognizing AI\u2019s potential, the Survey suggests:\n<ul>\n<li>Establishing <strong>AI Centres of Excellence (CoE)<\/strong> in top educational institutions.<\/li>\n<li>Creating a <strong>\u20b91 lakh crore financing corpus<\/strong> to support AI research and private-sector innovation.<\/li>\n<li>Acknowledging that AI may <strong>not be a universal solution<\/strong> for a labor-intensive economy like India.<\/li>\n<\/ul>\n<\/li>\n<li>The Survey promotes a <strong>balanced approach to AI adoption<\/strong>, ensuring <strong>employment preservation<\/strong> while leveraging automation for economic gains.<\/li>\n<\/ul>\n<h2>Health and Nutrition: Tackling Processed Food Consumption<\/h2>\n<ul>\n<li>The report raises concerns about the rising <strong>consumption of ultra-processed foods (High in Fat, Salt, and Sugar &#8211; HFSS)<\/strong> among Indian youth. It recommends:\n<ul>\n<li><strong>Stricter front-of-pack labeling<\/strong> to inform consumers.\u00a0<\/li>\n<li><strong>Government regulations over self-regulation<\/strong> in food standards.<\/li>\n<li><strong>Policies to promote healthier eating habits<\/strong> and physical well-being.<\/li>\n<\/ul>\n<\/li>\n<li>The Survey emphasizes that <strong>public health policies must align with economic growth strategies<\/strong> to ensure a healthier workforce.<\/li>\n<\/ul>\n<h2>Inclusive Development: Women, Farmers, and Youth Empowerment<\/h2>\n<ul>\n<li>For <strong>inclusive growth<\/strong>, the Survey highlights:\n<ul>\n<li><strong>Women\u2019s Participation:<\/strong> Removing legal and regulatory barriers to increase labor force participation.<\/li>\n<li><strong>Farmers\u2019 Welfare:<\/strong> Supporting income growth and agricultural modernization.<\/li>\n<li><strong>Youth Development:<\/strong> Investing in education, skill-building, and mental health.<\/li>\n<li><strong>Poverty Reduction:<\/strong> Advancing economic inclusion through targeted welfare programs.<\/li>\n<li>The Survey calls <strong>inclusive participation the litmus test<\/strong> of effective economic policies.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2>Industrial Growth and Ease of Doing Business<\/h2>\n<ul>\n<li>The Survey identifies a <strong>direct link between industrial activity and business-friendly policies<\/strong>. It notes:\n<ul>\n<li><strong>States with high &#8220;Ease of Doing Business&#8221; scores<\/strong> have stronger industrial growth.<\/li>\n<li><strong>Aspiring states must improve industrial policies<\/strong> to attract investments.<\/li>\n<li>The <strong>success of the Production-Linked Incentive (PLI) scheme<\/strong> in sectors like air-conditioner manufacturing proves the impact of government intervention.<\/li>\n<\/ul>\n<\/li>\n<li>The Survey suggests <strong>expanding PLI incentives to other critical sectors<\/strong>.<\/li>\n<\/ul>\n<h2>External Trade and Economic Challenges<\/h2>\n<ul>\n<li>The Survey warns of <strong>potential trade restrictions<\/strong> that could impact India\u2019s export growth. Key risks include:\n<ul>\n<li><strong>Rising global protectionism<\/strong> affecting market access.<\/li>\n<li><strong>Widening current account deficit<\/strong> due to import dependencies.<\/li>\n<li><strong>Geopolitical uncertainties influencing trade agreements<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<li>To mitigate these risks, India must focus on <strong>self-reliance in strategic sectors<\/strong> and <strong>expanding domestic consumption<\/strong>.<\/li>\n<\/ul>\n<h2>Conclusion: Towards &#8220;Viksit Bharat 2047&#8221;<\/h2>\n<p>The <a href=\"https:\/\/vajiramandravi.com\/current-affairs\/economic-survey-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Economic Survey 2025<\/strong><\/a> presents a <strong>bold vision<\/strong> for India&#8217;s growth, focusing on <strong>deregulation, investment-driven expansion, AI innovation, climate adaptation, and inclusive development<\/strong>.\u00a0<\/p>\n<p>By fostering a <strong>trust-based business environment<\/strong>, promoting <strong>private sector-led growth<\/strong>, and addressing <strong>climate and social challenges<\/strong>, India aims to <strong>build a competitive and resilient economy<\/strong> on its path to <strong>&#8220;Viksit Bharat 2047&#8221;<\/strong>.<\/p>\n<h2>Economic Survey 2024-25 FAQs<\/h2>\n<p><strong>Q1.<\/strong> What is the main theme of the Economic Survey 2024-25?<\/p>\n<p><strong>Ans.<\/strong> The Survey emphasizes deregulation, strategic investments, AI-driven innovation, and climate adaptation as key drivers of economic growth.<\/p>\n<p><strong>Q2.<\/strong> What is the significance of deregulation in the Survey?<\/p>\n<p><strong>Ans.<\/strong> The Survey advocates a Deregulation Stimulus to simplify compliance, promote ease of doing business, and foster private-sector innovation.<\/p>\n<p><strong>Q3.<\/strong> How does the Survey address climate change?<\/p>\n<p><strong>Ans.<\/strong> It recommends focusing on adaptation over emission mitigation and promoting energy security through diversified sources.<\/p>\n<p><strong>Q4. <\/strong>What role does AI play in the Survey\u2019s recommendations?<\/p>\n<p><strong>Ans.<\/strong> The Survey suggests setting up AI Centres of Excellence, a \u20b91 lakh crore fund, and a balanced AI adoption approach to drive innovation.<\/p>\n<p><strong>Q5. <\/strong>What measures are suggested for inclusive growth?<\/p>\n<p><strong>Ans.<\/strong> The Survey prioritizes women\u2019s workforce participation, youth skilling, farmer support, and poverty reduction through targeted policies.<\/p>\n<p><strong>Source<\/strong>: <a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2097916\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Economic Survey 2024-25 emphasizes deregulation, strategic investments, AI-driven innovation, climate adaptation, and inclusive policies to drive India&#8217;s economic growth.<\/p>\n","protected":false},"author":5,"featured_media":44770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"class_list":{"0":"post-44769","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-mains-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/44769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=44769"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/44769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/44770"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=44769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=44769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=44769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}