Clipped from: https://economictimes.indiatimes.com/news/economy/policy/about-80-of-economy-now-formal-following-digitisation-drive-pandemic-sbi-report/articleshow/87463808.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Share of the informal economy has fallen drastically to 15-20 per cent of the gross value added (GVA) or the formal GDP in
Category: Economy
There’s a mismatch between India’s graduate aspirations and job availability–Shobhit Mahajan writes: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/india-graduates-aspirations-and-job-availability-7600991/ Shobhit Mahajan writes: There is a huge pool of unemployed university graduates with unfulfilled aspirations. This group of dissatisfied, disgruntled youth can lead
Taking a closer look at money supply – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/taking-a-closer-look-at-money-supply/article37270351.ece?homepage=true For an understanding of inflation, observing money supply growth as opposed to just reserve money growth, is very important Milton Friedman said in
No money left in MGNREGA coffers; 21 States in the red – The Hindu
Clipped from: https://www.thehindu.com/news/national/no-money-left-in-mgnrega-coffers-21-states-in-the-red/article37241358.ece?homepage=true States creating artificial demand, says official; workers pushed into ‘forced labour’ by delayed payments, say activists The Centre’s flagship rural employment scheme has
Inflation threat: Govt must step in | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/inflation-threat-govt-must-step-in-1045474.html It is time to suspend central excise taxes and cess on fuel for at least one year Representative Image. Credit: iStock Photo The
Careful on CA convertibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/careful-on-ca-convertibility/2357458/ Big, sudden foreign capital outflows can disrupt markets To be sure, we have come a long way since then; today, domestic residents can
At 35% of BE, April-September fiscal deficit hits 3-year low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/centres-fiscal-deficit-touches-35-of-annual-target-at-h1-end/article37232130.ece?homepage=true Better tax/non-tax mop-up, expenditure key drivers; core sector output up 4.4% Finance Ministry on Friday reported fiscal deficit for the first half of
Dilemmas after the boom: Market euphoria and an obvious disconnect | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/when-the-sensex-took-leave-of-its-senses-and-gained-40-in-a-difficult-year-121102901334_1.html The likelihood is that the new Samvat will be a period when the market either corrects, or at the least digests the excesses
As economy settles in, Shaktikanta Das has 6 challenges in second term | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/as-economy-settles-in-shaktikanta-das-has-6-challenges-in-second-term-121102901404_1.html The central bank will have to revive credit growth, drain liquidity and keep inflation on hold: that’s just the beginning of his tasks.
Banks must not turn away MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/banks-must-not-turn-away-msmes/2358986/ Having run up crores of rupees of corporate NPAs, they can’t afford to be coy about small units Crisil said recently it expects
Where are we in the growth cycle? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/where-are-we-in-the-growth-cycle/2358990/ As the global economy starts to witness a tapering of peak growth and higher inflation, India could see higher inflation and higher growth
How domestic electronic component manufacturing can help reduce imports, boost private sector investments – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/how-domestic-electronic-component-manufacturing-can-help-reduce-imports-boost-private-sector-investments-310291-2021-10-24 The challenge for India is to bring together capital from the government, industry and the advanced nations and the know-how to trigger the
It will need greater clarity over durability of recovery for RBI to firm up its moves towards policy normalisation
Clipped from: https://indianexpress.com/article/opinion/editorials/monetary-policy-committee-rbi-economy-growth-7590564/ The withdrawal of policy support is likely to be gradual with the process playing out at multiple levels — beginning with normalisation of
End the impasse: On prolonged impasse over three farm laws – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/end-the-impasse-on-prolonged-impasse-over-three-farm-laws/article37168193.ece A solution is needed for core issues concerning farmers, and not merely for road blocks The time may have come for a more
Industry’s share in bank loans at record low of 26%, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/industry-s-share-in-bank-loans-at-record-low-of-26-shows-data-121101901562_1.html Personal loans, including housing, now at 26.7% of bank credit, highest ever Illustration: Binay Sinha The share of industrial credit in banks loans, after years
BS BFSI Summit: Economy may grow at 10.5% or more in FY22, says Rajiv Kumar | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-bfsi-summit-economy-may-grow-at-10-5-or-more-in-fy22-says-rajiv-kumar-121101901652_1.htmlNITI Aayog Vice-Chairman Rajiv Kumar The Indian economy will register a growth rate of at least 10.5 per cent this fiscal year against the consensus of
The next step down? Stage is multiply set for a weaker rupee – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-next-step-down-stage-is-multiply-set-for-a-weaker-rupee/2351181/ Perhaps, it makes sense for RBI to save its powder to intervene after the rupee’s next step down And, given RBI’s gigantic war
India’s economy gradually recovering, but beware of inflation: IMF | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/imf-says-india-s-economy-recovering-but-warns-of-inflationary-pressures-121101501089_1.html Says gradual cut in monetary support will foster orderly market transition The International Monetary Fund (IMF) said India’s economy is gradually recovering after
Beguiling base: The Hindu Editorial on fuel prices and inflation – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/beguiling-base-the-hindu-editorial-on-fuel-prices-and-inflation/article36994063.ece States and Centre must cut fuel levies to bring down inflation and fuel consumption The latest sets of data on industrial output and
Speed and strength | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/speed-and-strength-121101500031_1.html Gati Shakti shows the intent, but hurdles remain On Wednesday, Prime Minister Narendra Modi launched a national master plan for infrastructure and connectivity