National Statistical Office predicts growth to be 1.8 percentage points lower than the actual 2018-19 mark of 6.8%, led by a fall in investment and consumption.
GST, jobs & unorganised sector formed the focus of a roadmap put forth by economy experts, including from Congress & Left, to ease India’s economic situation.
Policies must be made after much debate, by experts with feet on the ground. Politicians need to take responsibility and inform businesses early about changes.
It would be a pity if Modi govt keeps ignoring bad economic news. Danger of doing nothing is that growth of 6% or less becomes the norm, not the unacceptable.
Taking a swipe at BJP MP Pragya Thakur's recent remarks, Congress spokesperson Randeep Surjewala said GDP meant 'Godse Divisive Politics' for the ruling party.
In India, we are accustomed to glacial change. We love appointing Committees to ‘look into’ reform. Unfortunately for us, the rest of the world moves fast.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
Mandir Banao, Kumbh Mela Karo, kaun .Fiker karega economy ke bare mein, Hindutva altoo faltoo per time waste Karo, Dunia gumo. Kaun Economy Jaien Baad mein.
The 5% GDP expected for 2019-2020 still seems bluffing after the turmoil in the Industrial output and lowest demand in the consumer sector. Political hip-hop is worsening the scenario for a fair foreign investment necessary to boost the moral of people trusting to bring the dying economy to its feets. The arguments regarding revision of GST ratio is a blank and unanswered call and arrogant and naive behavior is creating more trouble to the business class. Under no circumstances the Govt.’s adamant approach intends to look into the recommendation urgently needs to be implemented for a break in the dying economy. We are still a strong manufacturing sector and hence can climb back to start afresh leaving behind the bad debts incurred during this recession. Unlike the economies of Latin American countries who rely hugely on the U.S. mood, India has been chased earlier by the top investors in the world who can again review a soft line in investment. Moreover the exports needs to be focused narrowing the deficit against the imports but the looming conflicts in the middle east and many African nations happens to be a huge obstacle. Unless the Govt. listens to the demands of the honest tax payers and respects them, the few good boys in the corporates are not enough for a viable and long terms solution.
Surjit Bhalla, Sunil Alagh, one has lost count of all the false prophets of a new dawn. Unarguably the worst mentoring of the economy since 1947. What hurts infinitely more is that this has been done at a time when the external environment was so supportive. Sheer genius.
Mandir Banao, Kumbh Mela Karo, kaun .Fiker karega economy ke bare mein, Hindutva altoo faltoo per time waste Karo, Dunia gumo. Kaun Economy Jaien Baad mein.
Socialist Modi murdabad.
The 5% GDP expected for 2019-2020 still seems bluffing after the turmoil in the Industrial output and lowest demand in the consumer sector. Political hip-hop is worsening the scenario for a fair foreign investment necessary to boost the moral of people trusting to bring the dying economy to its feets. The arguments regarding revision of GST ratio is a blank and unanswered call and arrogant and naive behavior is creating more trouble to the business class. Under no circumstances the Govt.’s adamant approach intends to look into the recommendation urgently needs to be implemented for a break in the dying economy. We are still a strong manufacturing sector and hence can climb back to start afresh leaving behind the bad debts incurred during this recession. Unlike the economies of Latin American countries who rely hugely on the U.S. mood, India has been chased earlier by the top investors in the world who can again review a soft line in investment. Moreover the exports needs to be focused narrowing the deficit against the imports but the looming conflicts in the middle east and many African nations happens to be a huge obstacle. Unless the Govt. listens to the demands of the honest tax payers and respects them, the few good boys in the corporates are not enough for a viable and long terms solution.
Surjit Bhalla, Sunil Alagh, one has lost count of all the false prophets of a new dawn. Unarguably the worst mentoring of the economy since 1947. What hurts infinitely more is that this has been done at a time when the external environment was so supportive. Sheer genius.