Page 10 - Latest Updates on Gross Domestic Product (GDP)
Budget 2020: Govt may increase spending on infra, offer tax incentives
In annual economic report, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1
 "Budget 2020: Govt may increase spending on infra, offer tax incentives")
Economic Survey's GDP growth forecast for FY20 wide off projection
It is for the second consecutive time that NSO's GDP estimate is significantly lower than the projection made in the survey prepared by the finance ministry
 "Economic Survey's GDP growth forecast for FY20 wide off projection")
Budget 2020: Child right bodies seek more funding for healthcare, education
Increase funding for protection, healthcare and education in Budget: Child rights bodies
 "Budget 2020: Child right bodies seek more funding for healthcare, education")
GDP growth neither over nor underestimated, data woes baseless: Eco Survey
The Economic Survey tabled in Parliament on Friday said the level and growth of a country's GDP informs several critical policy initiatives as it is a barometer of the economy's size and health
 "GDP growth neither over nor underestimated, data woes baseless: Eco Survey")
Economic Survey 2020 expects rebound in FY21 with GDP growth at 6-6.5%
The Survey said government interventions seem to be ineffective in stabilising prices of commodities such as onions
 "Economic Survey 2020 expects rebound in FY21 with GDP growth at 6-6.5%")
Global oil demand could nearly halve if coronavirus threat escalates
The outbreak comes at a time when geopolitical risks to oil supply are likely to remain elevated in 2020, as both the US and Iran continue their maximum pressure campaigns
 "Global oil demand could nearly halve if coronavirus threat escalates")
Budgetary over-reach: There is a price for trying to do too much in Budgets
The larger economy suffers more than the central govt, as New Delhi is allowed to get away with behaving arbitrarily and then hiding the reality behind bogus numbers, writes T N Ninan
Over-estimation of GDP numbers in Budget disturb fiscal calculations
Tax receipts are expected to fall by Rs 2.5 trillion which may also be caused by the corporation tax and GST rate cuts
 "Over-estimation of GDP numbers in Budget disturb fiscal calculations")
Budget 2020: Prakash Javadekar hints at 'action plan' for economic revival
Markets to open for regular trading on February 1
 "Budget 2020: Prakash Javadekar hints at 'action plan' for economic revival")
GDP to grow by 5.5% in FY21 but downside risks persists: India Ratings
The government has announced a slew of measures recently to prop-up the economy, but Ind-Ra believes they will come to aid only in the medium term
 "GDP to grow by 5.5% in FY21 but downside risks persists: India Ratings")
Don't artificially boost GDP number: Cong to govt on 'data revamp' reports
The government has suddenly expressed alarm and a 'revamp of official statistics' is being proposed, says Congress
 "Don't artificially boost GDP number: Cong to govt on 'data revamp' reports")
UN lowers India's GDP forecast but expects momentum to pick up in 2020
According to the United Nations World Economic Situation and Prospects (WESP) 2020, a growth rate of 2.5 per cent is possible in 2020
 "UN lowers India's GDP forecast but expects momentum to pick up in 2020")
There's no emerging market debt threat
It's good to be warned and to be prudent in managing debt. But are EMDEs really going on a debt binge that could hurt the global economy?
 "There's no emerging market debt threat")
Modi govt's $5-trn GDP target looks ambitious, says economist R Nagaraj
Soon after assuming office for the second term in May 2019, the Narendra Modi-led government set a target of taking the economy to USD 5 trillion over the next five years
 "Modi govt's $5-trn GDP target looks ambitious, says economist R Nagaraj")
World Bank lowers Pak growth rate at 2.4% in FY20 on tight monetary policy
"Pakistan's growth is expected to rise to 3 per cent in the next fiscal year after bottoming out at 2.4 per cent in FY2019-20, which ends June 30," the World Bank said
 "World Bank lowers Pak growth rate at 2.4% in FY20 on tight monetary policy")
Yashwant Sinha questions 'imaginary' GDP numbers, says economy in bad shape
Talking to reporters, Sinha also demurred Prime Minister Narendra Modi holding "pre-budget consultation", saying it is "unprecedented" and asked what the latter's Finance Minister is doing
 "Yashwant Sinha questions 'imaginary' GDP numbers, says economy in bad shape")
India's GDP growth for FY20 maybe just 5%; lowest in 11 years
In nominal terms, India's gross domestic product is expected to grow at 7.5 per cent, a multi-decade low, suggesting that tax revenues and individual incomes may remain under stress
 "India's GDP growth for FY20 maybe just 5%; lowest in 11 years")
Share of investment in GDP to hit all-time low in FY20: Advance estimates
India's investment activity growth is also estimated to touch a 17-year low in FY20
 "Share of investment in GDP to hit all-time low in FY20: Advance estimates")
GDP advance estimates: Farm growth likely to remain subdued at 2.8% in FY20
Food inflation may increase; farmer income to see reversal after 4-year fall
 "GDP advance estimates: Farm growth likely to remain subdued at 2.8% in FY20")
Govt set to breach fiscal deficit target, shows GDP advance estimates
If the fiscal deficit for the year can be maintained at Rs 7.04 trillion, the deficit as a percentage of GDP will slip to 3.44 per cent
 "Govt set to breach fiscal deficit target, shows GDP advance estimates")
