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Topic: Growth Rate

Currency

Budget 2019 shows how India can not only become $5 trillion economy, but can also do it fast

With a favourable external environment and a stable exchange rate, India can achieve $4 trillion in next three years.
File image of Jharkhand chief minister Raghubar Das | Facebook

How Jharkhand can get the right IAS officers to turnaround like Chhattisgarh

Both were carved out of BIMARU states, but one raced ahead.
slowing economy

Modi ji, stop repeating Vajpayee’s mistake on the economy

The Vajpayee govt suppressed food prices and lost, while the first Manmohan Singh govt corrected that and was re-elected. It’s good politics and good economics.
Representational image | Udit Kulshrestha/Bloomberg.

Third World catching up with the West is a big win for economic theory

Some countries are even set to make the leap from developing to developed status, as South Korea has already done.
Representational image | Bloomberg

Demand is cooling and that explains why RBI didn’t hike interest rates

Capacity utilisation rate, consumer confidence, and outlook for demand in manufacturing sector in third quarter were less optimistic, RBI surveys show.
A manufacturing plants for trains | Udit Kulshrestha/Bloomberg

Despite India’s economic growth, the moment for China-like job creation may be lost

Reduction of employment-generating tendency of economic growth has been especially marked in the last 15 years
Illustration by Peali Dezine

India’s software exports are not the answer to the rising oil bill

Attention has to be focused on the relative stagnation in merchandise exports over the medium term.
Economy

Simplify GST to maintain high growth, IMF tells India

Also urges a clean-up of banks' balance sheets as it projects growth at 7.8% for FY 19-20.

On Camera

Vir Das incident proves rogue sneezing and coughing are the new guns during Covid-19

Comedian Vir Das’s Twitter post showing a neighbour threatening to sneeze on him points to a growing global trend of people using sneezes & coughs as threats.

Yogi vs Uddhav vs Piyush Goyal: Will politics over migrant workers hurt economic revival?

Maharashtra CM Uddhav Thackeray’s accusation that the Railways is not running enough trains to ferry migrant workers sparked a Twitter war with Railway minister Piyush Goyal.

Defence

Indian Army

Ladakh stand-off, Kashmir, ammunition & training — agenda for Army commanders’ meet tomorrow

The biannual event is attended by the top Army leadership to brainstorm on new security and administrative issues, and plan a roadmap.
Illustration: Soham Sen | ThePrint

PM, CM, DM: India’s 3 big power centres have been exposed by one disaster

The prime minister, chief minister and district magistrate are the three engines of India’s governance, but their handling of the coronavirus pandemic is going awry.