Topic: GDP growth rate
Now, Economic Survey dismisses Arvind Subramanian’s claim that India’s GDP is overestimated
Former CEA Arvind Subramanian argued last year that India’s GDP growth is overestimated by 2.5 percentage points. This was dismissed by Prime Minister’s Economic Advisory Council.
Amit Shah’s ‘kaagaz nahi dikhaayenge’ moment & India’s pulling the world down
The best cartoons of the day, chosen by the editors at ThePrint.
Has IMF’s Gita Gopinath made India a convenient scapegoat by blaming it for global slowdown?
The IMF has pegged India’s economic growth forecast to 4.8 per cent for 2019-2020, much less than its October 2019 projection of 6.1 per cent.
ADB cuts India’s GDP rate to 5.1% in FY20, cites poor job growth & rural distress
The Asian Development Bank had in September projected India's GDP growth at 6.5% in FY19 and 7.2% in FY20.
Indians want govts to be run like corporations, but this is why a country is not a company
Former civil servants Vijay Kelkar and Ajay Shah write that we in India revere success and wealth. We assume good HR practices in TCS will work in govt.
India’s GDP grows at 4.5% in Q2, lowest in more than 6 years
Led by contraction in manufacturing, GDP growth 0.5% points lower than the 5% registered in Q1 of 2019-20, and will put further pressure on Modi govt.
China GDP growth falls to 6% in third quarter, its lowest in almost 30 years
The GDP figures emerged one week after US-China reached a tentative trade truce to avoid more damages to the world's two largest economies.
Is sinking Indian economy beginning to chip away Modi’s larger-than-life image?
Prime Minister Narendra Modi heads to the US this week to meet Donald Trump and global business leaders amid growing worries over economic slowdown.
The economy is India’s most potent weapon, but it’s losing its power
A red-hot economy was India’s greatest strategic strength. It's now diminishing and damaging India’s stature, as reflected in responses to the Kashmir crisis.
Fall in GDP growth needs to be reversed before it becomes a sustained downward spiral
The fall in GDP growth needs to be reversed before it becomes a sustained downward spiral. Sharp tax cuts can help, as can a move away from the tax raids policy.
Covid shows online teaching can be the future, but physical classrooms still the real deal
Despite the convenience and utility of online teaching during a pandemic, there's a strong case to be made for why physical classroom's shouldn't go out of style.
Coronavirus succeeds where demonetisation failed as Indians dump cash for digital payments
Value of UPI transactions reached all-time high June as people feared handling banknotes amid the pandemic. Electronic fund transfers have also rebounded.
Defence
Indian Army to order second batch of 72,000 Sig 716 assault rifles from US
The new rifles will replace the existing Indian Small Arms System (Insas) rifles used by the forces and manufactured locally by the Ordnance Factories Board.
Uttar Pradesh is India’s broken heartland, break it into 4 or 5 states
Uttar Pradesh, our largest state by population and most powerful, is also the worst governed. A state with 1-in-6 Indians has no hope because of its size.