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Topic: GDP growth rate
The GDP had expanded by 3.3% in the corresponding period of 2019-20, according to the data released by the National Statistical Office (NSO).
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.
The best cartoons of the day, chosen by the editors at ThePrint.
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.
The Asian Development Bank had in September projected India's GDP growth at 6.5% in FY19 and 7.2% in FY20.
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.
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.
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.
Prime Minister Narendra Modi heads to the US this week to meet Donald Trump and global business leaders amid growing worries over economic slowdown.
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.