RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
Protecting established entities, resisting change, or prioritising short-term political gains can all lead to stagnation traps. India must embrace creative destruction for prosperity.
The rebound in growth in December quarter was expected, owing to improvement in govt spending, festival-induced boost to consumption & a sharp increase in non-oil exports.
Survey says that India, in light of significantly-changed external scenario, needs to focus on domestic growth drivers and reduce regulations impeding them.
Indian middle class seethes at growing phenomenon of political parties taking their tax money and spraying it among the more numerous poorer classes to buy their votes.
Sales revenue of manufacturing firms saw weak growth in September quarter. Rural demand indicators performed better than urban. Capex must rapidly pick up in 2nd half of the fiscal.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Speaking at an event in Delhi, Shaktikanta Das said India’s potential growth rate was 7.5% & economy could 'eventually' grow at 8%, adding the current yr's growth was expected to be 7.2%.
A working paper, published by Economic Advisory Council to PM, shows that UP & Bihar used to be ‘powerhouses’ of India’s economy around 60 yrs ago, but that's no longer the case.
A bad turn in Venezuela would raise the same questions that have dogged the unlawful US strikes against alleged drug boats in the Caribbean: Why now, and why at all?
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
“Dravidian model” is a political slogan and has no bearing on the governing of the state. The reporter cannot use the slogan without providing any evidence to connect the slogan to the growth. If the reporter and The Print wants to present a complete analysis, they should review the full set of 182 tables in the RBI handbook and then make the claim if Tamil Nadu or any other state is leading in growth etc. Else this appears to be a planted article with various graphs etc in favor of a state and does gross injustice to the RBI report and your own credibility.
For example, the state interest payments of TN is now 62456 crores (24-25) about 50% more since the current government took over in (21-22 figures). How does that impact the growth?
“Dravidian model” is a political slogan and has no bearing on the governing of the state. The reporter cannot use the slogan without providing any evidence to connect the slogan to the growth. If the reporter and The Print wants to present a complete analysis, they should review the full set of 182 tables in the RBI handbook and then make the claim if Tamil Nadu or any other state is leading in growth etc. Else this appears to be a planted article with various graphs etc in favor of a state and does gross injustice to the RBI report and your own credibility.
For example, the state interest payments of TN is now 62456 crores (24-25) about 50% more since the current government took over in (21-22 figures). How does that impact the growth?
How much of this growth is from borrowed money ? The state’s debt has gone to 5+ lac crore. Why does the media paint a picture which is not true ?