1) The data highlighted another seemingly known fact that Indian society exhibits a strong
desire for a male child. It pointed out that most parents continued to have children until
they get number of sons. The survey gave details of various scenarios leading to skewed
sex ratios and also gave a comparison on sex ratio by birth between India and Indonesia.
2)India‘s formal sector, especially formal non-farm payroll, is substantially greater than what it currently is believed to be. It became evident that when ―formality‖ was defined in terms of social security provisions like EPFO/ESIC the formal sector payroll was found to be about 31 percent of the non-agricultural work force. When ―formality‖ was defined in terms of being part of the GST net, such formal sector payroll share was found to be 53 percent.
3) For the first time in India‘s history, data on the international exports of states has been dwelt in the Economic Survey. Such data indicates a strong correlation between export performance and states‘ standard of living. States that export internationally and trade with other states were found to be richer. Such correlation is stronger between prosperity and international trade.
2)India‘s formal sector, especially formal non-farm payroll, is substantially greater than what it currently is believed to be. It became evident that when ―formality‖ was defined in terms of social security provisions like EPFO/ESIC the formal sector payroll was found to be about 31 percent of the non-agricultural work force. When ―formality‖ was defined in terms of being part of the GST net, such formal sector payroll share was found to be 53 percent.
3) For the first time in India‘s history, data on the international exports of states has been dwelt in the Economic Survey. Such data indicates a strong correlation between export performance and states‘ standard of living. States that export internationally and trade with other states were found to be richer. Such correlation is stronger between prosperity and international trade.
No comments:
Post a Comment