Thursday, 18 August, 2022
TopicGDP growth

Topic: GDP growth

Five graphics that tell you all you need to know about India’s 2021-22 GDP data

The government has revised its GDP growth estimate for 2021-22 to 8.7 per cent on account of economic disruptions caused by the Covid-19 pandemic and spike in inflation.

India’s GDP clocks a strong 8.7% growth in 2021-22 but Q4 slowdown is not good news

Growth in the January-March period was slower than 5.4% expansion in the previous October-December quarter of 2021-22.

8.7% GDP growth won’t be repeated. Govt and RBI should focus on preventing stagflation

ThePrint view on the most important issues, instantly.

Why Modi govt will meet its tax targets this year without much effort despite slow growth

If tax collections in 2022-23 grow by 9.6 per cent, as projected in the Budget, total tax mop-up will be at least Rs 2.1 lakh crore more than the target.

ADB cuts India’s growth forecast to 10% for this fiscal due to Covid disruptions

In April, ADB had projected a growth rate of 11% in 2021-22 for India. Meanwhile, RBI also trimmed the country's growth projection by a similar margin to 9.5% in June this year.

India’s GDP & fiscal situation seem back on track. Reforms must continue to build confidence

The 20.1% growth in Q1 FY22 was largely driven by the base effect. Structural reforms including disinvestment and bank privatisation needed to ensure a sustained growth path.

Q1 GDP numbers good but India still not out of the woods

ThePrint view on the most important issues, instantly.

India’s GDP grows at 20.1% in June quarter but still below pre-Covid output level

Except for agriculture and electricity, gas & water supply, no other sector saw output surpassing levels seen in Q1 2019-20. Govt says economy will grow at around 11% in current fiscal.

S&P declares India rating at lowest investment grade for 14th year in row

India's strong external settings will act as a buffer against financial strains despite increased government funding needs in next 24 months, S&P Global Ratings stated.

Moody’s pegs India GDP growth at 9.3% for current financial year, 7.9% in FY23

The credit rating agency said it didn't expect the impact of lockdown this year to be as severe as last year's & predicted real GDP growth to average around 6% over the longer term.

On Camera

YourTurn

Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

HAL signed an MoU for opening an office in Kuala Lumpur | Twitter

Hindustan Aeronautics Limited to open first overseas marketing office in Malaysia for LCA Tejas

HAL is tapping new business opportunities for Light Combat Aircraft Tejas as well as servicing of Su-30 aircraft and Hawk trainer aircraft for the Royal Malaysian Air Force.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.
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