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
Category: Economy
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
Demonetisation, GST raised risks for poor; social protection needs private hand to step up – The Financial Express
The disruption caused by major reforms such as GST and demonetisation have increased the risks faced by the poorest households in India, leaving behind the
Issues with India’s growth figures: Gita Gopinath says IMF paying close attention – The Financial Express
IMF Chief Economist Gita Gopinath is the latest to join the chorus of the prominent people raising doubts over India’s real economic growth, after a
Headwinds for growth | Business Standard Editorials
The International Monetary Fund (IMF) has revised downwards its estimates of growth in India’s gross domestic product (GDP) by 20 basis points for both 2019-20
Macroeconomic priorities for new govt | Business Standard Column
With the National Democratic Alliance (NDA) government completing its five-year term and elections under way, it is a good time to outline what should be some of
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