The RBI had marginally lowered the GDP growth projection for 2019-20 to 6.9% from 7% projected earlier in the June policy, and underlined the need for boosting demand.
Businesses aren’t investing thanks to mistakes made by UPA. But Modi 1.0 must share the blame for muted financial reforms, partisan telecom policy etc.
The 1991 liberalisation left the financial sector unreformed. The uncompetitive finance system whose growth depends on taxpayer bailouts needs to be replaced.
Finance Minister Nirmala Sitharaman Thursday tabled the Economic Survey 2018-19 in Parliament. The document was prepared by Chief Economic Adviser Krishnamurthy Subramanian.
Through film, textile, scent, sound, and gesture, spectators are invited to descend into an immersive environment where inherited knowledge seeps through material and form.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
We are in a fog of uncertainty. Some are questioning whether this figure of 5% actually works out to 2.5% as per the Dr A S formula. What is undeniably true is that the economy is in far worse shape today than it was in May 2014. Despite a number of favourable factors being at work. A lot of chickens are coming home to roost, without dilating further. 2. The government should treat this as its 1991 moment. Itna political capital hai, make good use of it. Neither the NRC in Assam nor Article 370 in Kashmir is going to take us within a mile of $ 5 trillion. Get rid of the darbari types, bring in people whose intellect is undergirded with integrity. What reforms are required, there must be a million edits on the subject. Hazaar do hazaar toh hamare comments bhi honge, including many on the BS site.
We are in a fog of uncertainty. Some are questioning whether this figure of 5% actually works out to 2.5% as per the Dr A S formula. What is undeniably true is that the economy is in far worse shape today than it was in May 2014. Despite a number of favourable factors being at work. A lot of chickens are coming home to roost, without dilating further. 2. The government should treat this as its 1991 moment. Itna political capital hai, make good use of it. Neither the NRC in Assam nor Article 370 in Kashmir is going to take us within a mile of $ 5 trillion. Get rid of the darbari types, bring in people whose intellect is undergirded with integrity. What reforms are required, there must be a million edits on the subject. Hazaar do hazaar toh hamare comments bhi honge, including many on the BS site.