The biggest challenge probably will be to rejuvenate the farm sector and boost rural incomes. After RBI lowered its growth forecast for 2019-20, the IMF, too, revised
Category: Economy
Is India’s unemployment really at a 45-year high? Here’s what data reveals – The Financial Express
Simply put, the PLFS 2017-18 survey is a huge statistical embarrassment and someone should inquire as to how it passed all the statistical checks and
Aggregate MSME lending grew at 19.3% in the past five years: CIBIL report | Business Standard News
PSBs are showing a sustained and significant decline in market share of MSME lending Aggregate micro small and medium enterprise (MSME) lending, for both entities and individuals,
World economic growth to revive later this year: G-20 chiefs – The Hindu BusinessLine
The global economy is likely to pull out of a brief growth slump later this year — with a little help from the world’s central
An MSME-focused credit risk database will help both lenders and enterprises – The Financial Express
By Savita Shankar The micro, small, and medium enterprise (MSME) sector is estimated to comprise of over 63 million enterprises and contributes 28.8% to the
RBI should not cut its policy interest rate any further, says IMF | Business Standard News
The Reserve Bank of India (RBI) should not cut its policy interest rate any further, the International Monetary Fund (IMF) has said. It should, instead, keep the
A little bit of NYAY: Congress’s welfare scheme is morally ambiguous, fiscally ruinous and impractical–Times of India
After a long time, a game changing idea came from the Congress party. NYAY – or Nyuntam Aay Yojana (Minimum Wage Scheme) – aims to
MSME credit: Public sector banks’ share dips to 39% – The Hindu BusinessLine
The share of public sector banks in lending to micro, small and medium enterprises (MSME) has been declining although overall lending to the sector has
India’s GDP number ‘still has some issues’: Gita Gopinath – The Economic Times
After 108 economists and former RBI Governor Raghuram Rajan, International Monetary Fund‘s (IMF) Chief Economist Gita Gopinath has expressed doubt over India’s growth rate, saying that there are still
Mine Data to Boost Direct Tax Collections–Economic Times
The Centre will reportedly face a shortfall of .`50,000 crore in the direct tax collection target of Rs 12 lakh crore for 2018-19. Bulk of
Raghuram Rajan says this will be the key issue for Modi’s government as India goes to poll – The Financial Express
As India goes to polls for the Lok Sabha election 2019 beginning today, the biggest issue facing the Modi government on the economic front would
Mission Impossible: How Modi government met fiscal deficit target against odds – The Financial Express
A huge respite to Modi government ahead of the Lok Sabha polls 2019 has come from meeting the fiscal deficit target of limiting it to
Who’s afraid of low inflation? | Business Standard Column
A year ago, the European Central Bank took advantage of a temporary uptick in prices to declare victory in its fight to bring eurozone inflation up to
Cong manifesto has some design issues – The Hindu BusinessLine
One of the most talked about manifestos has been the one by Indian National Congress (INC) due to its promise of Nyuntam Aay Yojana (NYAY
India’s economic growth driven by domestic demand, need to focus on exports: World Bank – The Economic Times
The top bank official asserted that China is a “big opportunity” for South Asia. India’s economic growth in recent years has been “too much” driven
MSME: MSMEs may have potential to create 1 cr jobs in 5 years: Research Firm – The Economic Times
Despite the recent sluggishness in demand, India remains an attractive consumption-oriented market with the growth of the middle class and rising disposable income. However, only 15% of
India GDP: Economy grim as major indicators drop: Experts–Economic Times
With the slowdown in these major economic fronts, economists and analysts say the economy, as a whole, is not in a very good shape. The
RCom | Anil Ambani: Ericsson may have to refund Rs 550 cr to RCom if insolvency proceedings revived: NCLAT
An appellate tribunal Monday said Swedish equipment maker Ericsson would have to refund the Rs 576 crore including interest it was paid back to Reliance Communications if
NYAY: View: India can actually benefit from NYAY, but conditions apply–Economic Times
By Vinod Thomas Cash transfers to the poor gained respectability worldwide as a way of reducing poverty when programmes, in recent decades, targeted the extreme
Raghuram Rajan’s to-do list for the next government of India – The Economic Times
By Raghuram Rajan As with every Indian election, this one is touted as one that will shape the future of India. Political parties seem to be
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