Satisfaction and positive sentiments are major themes of one year of Modi government. This is what came out at a press conference on Friday addressed by finance minister Arun Jaitley in the nationa
India is witnessing rapid urbanization and to enhance the quality of urban living prime minister Narendra Modi will launch on Thursday three major missions that will transform the urban lands
Niti Aayog CEO, Amitabh Kant said if Indian government wants sustainable and scalable growth, it needs to challenge the states on real time basis. “If we want development in important sectors
If the long queues at the employment exchanges and the crowds at private job fairs are an indicator, then trouble lies ahead for the Indian economy. The time has come to make employment generation
Growth in Asia and the Pacific’s developing economies for 2016 and 2017 will remain solid as firm performances from South Asia, East Asia and Southeast Asia help offset softness from the US e
The distribution of monsoon this season has been the best in the last three years, with only a third of the districts seeing deficiency compared with almost half in fiscal 2015 and 46 percent in 20
In India, GDP growth will remain strong at 7.6 percent in 2016 and 7.7 percent in 2017, supported by expectations of a rebound in agriculture, civil service pay reforms supporting consumption, incr
“This government will continue to follow sound and prudent economic policies, to ensure that India has a bright future in the long run. We will not take decisions for short term political poi
The growth in GDP during 2016-17 is estimated at 7.1 percent as compared to the growth rate of 7.6 percent in 2015-16, according to First Advance estimates of national income at constant (2011-12)
“This budget would tremendously strengthen the economic muscle of the country. It is directionally correct, fiscally prudent and strengthens the governance fabric of the nation,” said F
Speed, scale and sustainability. To lift a country of 1.2 billion people to a better quality of life requires a massive dose of all three. China has clearly shown the way for what speed and scale c
Niti Aayog is open to the idea of utilizing genetically modified (GM) seeds to help in agricultural growth. The three year action agenda of Niti Aayog says, “Genetically modif
India’s growth is expected to rebound to 7.2 percent in FY 2017-18 as the cash shortages accompanying the currency exchange initiative ease, said an International Monetary Fund report that wa
A gasping economy means bad politics for the Bharatiya Janata Party that is hoping to recreate the 2014 magic when it won the parliamentary election with a brute majority. Demonetisation
At a time when the government is claiming that the dip in the GDP is due to global economic slowdown and not because of demonetisation, the recovery in the global growth is in fact strengthen
National thermal power corporation (NTPC) has recorded 12.55 percent growth in power generation in August over corresponding period of last fiscal. A total of 22.347 billion u
For the first time in our history, India has the opportunity to wipe out poverty. If India is able to lift another 350 million people out of poverty by 2030, it would be an achievement that t
Here are the key points regarding India’s macro-economic fundamentals. India grew at a very strong pace of 7.5% p.a. in the three years of 2014-17 with growth
India’s financial sector is facing considerable challenges, and economic growth has recently slowed down. High nonperforming assets (NPAs) and slow deleveraging and repair of corporate balanc
After ”disruptions" like lingering demonetisation effect and GST roll-out, the Indian economy may reach a 7 percent growth in 2018 with government policies tilting towards the stress-rid
The growth in South Asia slowed to a still strong 6.5 percent in 2017, in part reflecting businesses’ adjustment in India to the country’s new Goods and Services Tax and to the adverse
Nearly 4 percent of India’s GDP is estimated to have been lost due to malnutrition and certainly women and children deserve a better deal in expenditure outlay, since the country hosts 50 per
In an illuminating chapter introducing Public Affairs Index (PAI) 2018 is the narrative on how the core ideas of human welfare – amidst the sole focus of governments on GDP numbers &n
The global rating agency Moody’s Investors Service has changed its outlook on India’s ratings from ‘stable’ to ‘negative’, but the finance ministry maintained th
For more than three-fourths of known economic history, India has been the dominant financial power globally. During much of this dominance, the economy relied on the invisible hand of the market fo
The Economic Survey, tabled in parliament Friday by minister for finance and corporate affairs Nirmala Sitharaman, devotes a section on what it calls Thalinomics – an attempt to quantify what
From Dependence to Self-Reliance: Mapping India’s Rise as a Global Superpower By Bimal Jalan Rupa Publications, 184 pages, Rs 695 Bimal
FY24 marks the third successive year of 7% plus strong growth of the Indian economy even as the global economy struggles to grow at more than 3%, the finance ministry has said. At th