Tag: Gross Domestic Product
13 Results
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Vital inputs
Of utmost significance in the policy recommendations made by various expert committees given the specialisations of those staffing them, is that the changes suggested are usually incremental and gradual.
August 2, 2022 -
A challenge to the established order
Despite some positive developments that give hope, there is much that should weigh heavily on the conscience of the human race including impending systemic collapse, the crash of the global economy and widespread suffering.
May 24, 2021 -
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 -
India’s GDP could even shrink 0.9% in case coronavirus outbreak extends: CII
The latest estimates by economists and industry experts highlight a gloomy situation for the county's economy on account of the coronavirus-triggered lockdown.
April 23, 2020 -
GDP estimated to grow at only 5 per cent during 2019-20, slowest in 11 years
“Real GDP or GDP at Constant Prices (2011-12) in the year 2019-20 is likely to attain a level of Rs 147.79 lakh crore, as against the Provisional Estimate of GDP for the year 2018-19 of Rs140.78 lakh crore, released on 31 May, 2019,” an official communique said.
January 7, 2020 -
Downfall in GDP worrisome, hope govt wakes up: Manmohan Singh
His remarks came soon after official data showed India's gross domestic product (GDP) slowing to 4.5 per cent in the July-September quarter, the lowest recorded in six years
November 30, 2019 -
Growth & Development~I
What we measure informs what we do. And if we’re measuring the wrong thing, we’re going to do the wrong thing. ~ Joseph Stiglitz, Nobel Laureate in Economics This is a world of fabulous wealth and extreme poverty. While around 20 per cent of humanity enjoys privileges and prosperity of a kind that would have...
December 21, 2017 -
Prabhu bats for quality revolution in services sector
With services driving the economy, Union Commerce and Industry Minister Suresh Prabhu on Saturday advocated quality revolution in the lead sector as it also provided more jobs. “A quality revolution in the services sector is a priority for us, as the economy is increasingly driven by it… it also provides more jobs than other sectors,”...
November 26, 2017 -
State of economy likely to top agenda at BJP meet
The state of economy, including the slowing growth, and the next round of assembly polls will top the agenda of the Bharatiya Janata Party’s National Executive meet to be held on Sunday-Monday. The government is concerned over Gross Domestic Product (GDP) figures. Finance Minister Arun Jaitley has been talking of a package to revive economic...
September 24, 2017 -
‘Global factors, not demonetisation, responsible for GDP downtrend’
A day after India’s economic growth was put at 6.1 per cent for the January-March quarter (Q4) of 2016-17, Finance Minister Arun Jaitley on Thursday came to the rescue of the Narendra Modi regime by highlighting key achievements of his ministry in the last three years. Interacting with the media in New Delhi, Jaitley held...
June 1, 2017 -
Rupee gains 8 paise against US Dollar in early trade
The Rupee firmed up by another 8 paise to 64.43 against the US Ddollar on Thursday on increased selling of the American currency by exporters and banks even as India's economic growth slowed to 7.1 per cent in 2016-17. India's economic growth slowed to 7.1 per cent in 2016- 17, the year in which 87...
June 1, 2017 -
Auto sector projected to contribute 12% to GDP over next decade
The central government on 25 May said the Indian automobile sector is projected to contribute 12 per cent to the country's GDP (gross domestic product) over the next decade. This was stated by Girish Shankar, Secretary, Ministry of Heavy Industries and Public Enterprises, at the Confederation of Indian Industry's (CII) 'International Automotive Supply Chain Conclave...
May 26, 2017