The government is likely to reduce spending for the current fiscal year by as much as Rs 2 lakh crore ($27.82 billion) as it faces
Category: Economy
Another all-time low for Rupee? Continuing troubles with economic growth – The Financial Express
The rupee has fallen sharply and is, once again, threatening Rs 72 to the dollar. There is just one more support (at Rs 73), which,
Govt set to breach fiscal deficit target, shows GDP advance estimates | Business Standard News
The first gross domestic product advance estimates for 2019-20, released on Tuesday, showed that nominal GDP is expected to grow 7.5 per cent this fiscal
At 5%, GDP growth to hit 11-year low in FY20 – The Hindu BusinessLine
CSO’s first advance estimate projects all three sectors growing at lower rate; industry worst hit The Central Statistics Office has projected the economy’s growth rate
All you wanted to know about Modern Monetary Theory – The Hindu BusinessLine
We all know that fiscal constraint is a major impediment to the government’s efforts to increase spending to support sagging growth. Modern Monetary Theory attempts
Weak nominal GDP for FY 20 will adversely impact tax collections–Times of India
The first advance estimate of gross domestic product for 2019-20 carries no surprises. The GDP for the year is 5%, significantly lower than the previous
India must create 70 mn jobs to achieve $5 tn economy by 2024 – The Hindu
140 mn jobs needed in next decade, says Shanmugaratnam The country needs to significantly increase employment and productivity levels to achieve a $5 trillion economy
Explained: Why even the government expects India’s GDP to grow at 5% this year | Explained News,The Indian Express
The gross value added (GVA), which maps the economic activity from the income side as against the GDP which maps it from the expenditure side,
How Will India Tackle The Economic Slowdown In 2020 -Mandeep Singh – BW Businessworld
The world is witnessing the rock bottom with the downgrading economic growth to 3% in 2019, making it the slowest ever (after the global financial
Govt’s advance estimate pegs GDP growth at 5% for FY20–Business Today
The real GDP at Constant Prices (2011-12) in FY20 is likely to attain a level of Rs 147.79 lakh crore India’s nominal gross domestic product
Govt can save Rs 50,000 crore by reforming country’s grain management system – The Financial Express
The moot question being asked is whether the Indian economy can be put back on its 7-8% growth track and whether agri-GDP can grow at
Inadequate and inappropriate jobs growth | Business Standard Column
Labour markets had performed very poorly in November 2019. The labour force participation rate and the employment rate had fallen to their all-time lows. These
A credible Budget | Business Standard Editorials
The evolving economic situation is making Union Finance Minister Nirmala Sitharaman’s job increasingly difficult, as she prepares to present the Union Budget in less than
Public finances: Something doesn’t add up | Business Standard Column
The past six months have witnessed a torrent of dismal economic news. The Budget is three weeks away and there is little reason to believe
Are savings a constraint on growth? – The Hindu BusinessLine
Previous cycles suggest growth and savings are actually led by investment. Reviving investment in the economy will boost savings Much is made of the fact
Do clear messaging: Budget provides an opportunity to revive sentiment, with a roadmap of structural reforms–Times of India
Finance minister Nirmala Sitharaman’s second budget will be unveiled in a few days in challenging circumstances. While the slowdown in economic momentum has been evident
Improve corporate governance to help lift efficiency of economy, says Shaktikanta Das – The Hindu
Shaktikanta Das said reviving the twin engines of consumption and investment remains the key challenges. Amidst rising macroeconomic worries best reflected in the falling growth
The Hindu Editorial: Double trouble — On uneven inflation and sluggish growth – The Hindu
Uneven inflation and sluggish growth present serious dilemmas for policymakers Policymakers face a tricky dilemma as prices in the economy continue to rise even as
How to deal with the demand slowdown – The Hindu BusinessLine
Revival of demand is key not just for consumption, but also private investment. Tweaking the tax rates can help in this India’s GDP growth has
How to boost India’s monetary transmission – OPINION – The Hindu BusinessLine
In order to reverse the growth slowdown, we need to look beyond the repo and focus on liquidity-enhancing interventions Inflation targeting is meant to allow
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