Tag: GDP
17 Results
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‘Time of the Essence’ to end Myanmar Crisis
Three former Thai ambassadors and Indonesia and Malaysia-based regional experts took part in Asia News Network’s Clubhouse discussion “Can Asean help to bring peace to Myanmar?”. Pana Janviroj reports.
May 3, 2021 -
Political Diary | Migrants back in national focus
Some experts feel that the measures announced are not sufficient and require careful restructuring, While the government had announced short-term policies to deal with migrant labour in 2020, what is required are long-term as well as short-term policies.
April 25, 2021 -
Cost of Nature
Theories, however, cannot explain why some countries succeed while others fail in transforming natural resources to higher productivity and growth; the answer probably lies in the institutional environment of a country. If institutions promote transparency and incentivise productive and entrepreneurial activities and protect property and other rights of individuals, natural resources are likely to impact the economic outcomes positively.
April 22, 2021 -
Gender and Finance
One of the most promising ways to close the stubbornly persisting gender divide is technology. For low-income women, digital financial inclusion offers an opportunity to upend entrenched gender inequalities. Financial services delivered via mobile phone can bridge the last-mile gap, bringing financial tools and services directly to women where they work and live
April 12, 2021 -
Leveraging the world’s equity
Instead, US general government expenditure rose by 78 per cent in constant 2010 dollars from 1981 to 2019, whereas total public debt has increased dramatically from $1 trillion or 31 per cent of GDP when Reagan was President to $27 trillion or 136 per cent of GDP by the end of September 2020.
March 17, 2021 -
Fiscal Roadmap
Like the previous Commission, it has also recommended the setting up of an independent Fiscal Council, which is a must for bringing the much-needed transparency and credibility to our budget numbers, but which, like the previous FCs recommendation, is again likely to be ignored
February 17, 2021 -
Summary of Economic Survey 2020-21
The Union Minister for Finance & Corporate Affairs Nirmala Sitharaman presented the Economic Survey 2020-21 in Parliament which states that the rebound will be led by the low base and continued normalization in economic activities as the rollout of COVID-19 vaccines gathers traction.
January 31, 2021 -
Budgets and deficits
The bottom line is that better results would come about not by increased outlays alone but by adequate spending in conjunction with improved governance, which is a function of optimised bureaucratic processes and a reliable mechanism for ensuring accountability
January 21, 2021 -
Budget Blues
The government will need to boost consumption and demand as our economy remains primarily consumption driven; consumption contributed 72 per cent to our GDP last year. This implies that people should have money in their pockets and must be encouraged to spend it
January 20, 2021 -
RCEP and India
India took a principled decision to stay out as it felt RCEP did not address its outstanding issues and concerns. Though RCEP has left a window open for India to join if it intends to do so, Indias position is unlikely to change
December 3, 2020 -
India’s GDP contracts by 7.5 per cent in Q2FY21
The economy had shrunk by an unprecedented 23.9 per cent in the first quarter of this fiscal due to the coronavirus pandemic and resultant lockdowns.
November 27, 2020 -
Asia’s post-colonial journey
No statistic illustrates this better than the stark fact that India before colonisation in 1700 accounted for 24.4 per cent of world GDP (Maddison, 2007) and her share was down to only 4.2 per cent in 1950.
September 13, 2020 -
Increase infrastructure spending to revive economy: Chidambaram
He said that the economic revival will need money. 'Borrow and don't hesitate on this.'
September 6, 2020 -
Rahul Gandhi hits out at Centre, says contraction in economy due to ‘Gabbar Singh Tax’
'Many have been badly affected by this- lakhs of poor families, crores lost their jobs, states' economy was affected,' he said.
September 6, 2020 -
‘There was hidden purpose…’: Rahul Gandhi links demonetisation with current GDP downfall
He said, the country 'must unite and fight' what he called the attack on the poor, farmers and unauthorised sector.
September 3, 2020 -
India’s GDP declines sharply by 23.9% for Q1 in FY 2020-21; worst contraction on record
As per the National Statistical Office, Gross Value Added (GVA) came in at -22.8 per cent.
August 31, 2020 -
GDP to contract 4.5% in current FY due to impact of coronavirus: Centre agrees with IMF’s prediction
'The economic growth of pre-COVID times, as and when restored through fuller unlocking of the economy, will heavily lean on the reforms undertaken today to enhance its potential tomorrow.'
July 6, 2020