India’s central bank on Friday reiterated its determination to reactivate growth impulses in the economy and mitigate the worst effects of the COVID-19 pandemic, extending its accommodative policy for the remainder of this year and 2021-2022, even when that was the key…
read moreThe economic situation justifies an increase in public spending; the policy challenge is to minimize the decline in growth India’s growth in the first quarter of 2020-2021 at (-) 23.9% showed one of the highest contractions in the world. Global growth prospects…
read moreAll countries see real progress when they create jobs. This happens when small and medium-sized businesses grow and create jobs at the same time. India, over the years, has faced the problem of lack of support. There are not enough medium-sized companies…
read moreGovernment efforts to reform India’s agricultural sector have divided opinions and sparked debate over the state of Indian agriculture. In the context of this debate, two long-standing features of Indian agriculture stand out. First, Indian agriculture is not profitable. Second, it has…
read moreThe latest Ease of Doing Business for Indian States ranking, published by the Department of Industry and Domestic Trade Promotion (DPIIT), yielded some interesting results. The absence of more industrialized states like Tamil Nadu and Maharashtra in the upper echelons and the…
read moreIndia’s retail inflation for the month of August stood at 6.69 percent, according to data released by the National Statistical Office (NSO) on September 14. The consumer price index (CPI)-based inflation rate for July has been revised to 6.73 percent from 6.93 percent. The combined…
read moreFifteen days after the Center detailed two options for states to borrow to offset the compensation deficit of Rs 2.35 lakh crore this budget under the goods and services tax (GST) regime, a total of 12 States, in their majority, made up…
read moreThe Macroeconomic Report for July, released by the Economic Affairs Department said. “With India unlocking, the worst seems to be over for the economy as high-frequency indicators recovered in June 2020 from unprecedented troughs in April; however, risks on account of rising…
read moreAlthough most people expect India’s GDP to experience a substantial contraction when the Ministry of Statistics and Program Implementation (MoSPI) released first quarter data on Monday (April, May , June) of the current fiscal year, the general consensus was that the decrease…
read moreIndia’s overall unemployment rate hit a nine-week high in the week ending August 16. The scenario is consistent with economists’ assessment that the previous decline was due to an increase in agricultural activities and, therefore, of a temporary nature. The national unemployment…
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