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.
Students in Kashmir attended regular classes for only two weeks in the last one year
The price Kashmir’s economy paid for 5 August: ₹40,000 cr and unemployment levels twice the national average.
India isn’t facing up to the true financial cost of Covid
Truth is currently as scarce as capital in India. The govt doesn’t have the appetite for large-scale socialisation of private losses, lest the opposition accuse PM Modi of cronyism.
Defence
India, China generals meet today as ‘PLA keeps up Pangong incursions, blocks army at Depsang’
The fresh round of dialogue comes as India and China have hit a stalemate in military talks with regard to disengagement at multiple flashpoints in Ladakh.
Modi redefined secularism with Ram Mandir as Hindu voters were fed up of Sonia-Left version
Assumptions that Indian secularism died with Ram Mandir bhoomi pujan are bunk. It is enshrined in the Constitution, and is worth preserving.