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Saturday, April 27, 2024
TopicIndia's GDP

Topic: India's GDP

4 questions Indian economy faces after the record Q1 GDP slump

The record 23.9% decline in Q1 GDP shifts the focus back to the Modi government and RBI on what steps can be taken to spur growth.

India’s economy may contract by 10-12% in 2020-21: Former finance secretary Subhash Garg

Former finance secretary Subhash Chandra Garg said a faulty lockdown strategy and an ineffective stimulus have adversely impacted economic recovery. Read his blog here.

If Modi govt wants to reform agriculture it shouldn’t be tinkering around the edges

Money being spent in farmers’ name must be spent for their genuine welfare, through a well-conceived and carefully-phased programme of change.

Indian businesses are getting desperate as there’s no sign of fiscal package from Modi govt

As their cash-flow dries up, and in the absence of any fiscal support, many Indian businesses say they will be forced to cut jobs to curb costs.

Blame Modi govt’s political, social agenda for slowdown, says Raghuram Rajan

Former RBI governor Raghuram Rajan says Modi govt has focused more on fulfilling its political and social agenda rather than paying attention to economic growth.

China never had to learn English like India because its economy relied on manufacturing

Contrary to China, whose post-1993 growth acceleration was concentrated on the manufacturing sector, India’s growth was service driven.

IMF cuts India growth forecast to 4.8%, flags stress in non-bank financial sector

IMF chief economist Gita Gopinath cites decline in rural demand growth and an overall credit sluggishness for lowering of India forecasts.

There’s hope for Indian economy if it becomes No. 1 priority of Modi govt instead of CAA

Govt can do more with its money. But question is how much political capital it’s willing to spend on economic reform, which could upset one section or another.

Govt working on more measures to boost economy, says Nirmala Sitharaman

GDP growth slowed to an over-six-year low of 4.5 per cent in the second quarter of the current fiscal year, from 5 per cent in the first quarter.

On Camera

Indira, Manmohan, Modi, all raised income inequality. Until Hindu fears took the driving seat

The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.