Page 21 - India Gdp Growth

S&P affirms India's rating at 'BBB-', fiscal position remains precarious

The rating agency sees growth recovery over two to three years

India's growth set to bounce back as slump bottoms out: Govt adviser

"Corporate tax reductions, the Insolvency and Bankruptcy Code and the banking sector reforms have helped and will help propel growth further," Sanjeev Sanyal, principal economic adviser to govt, said

India's fiscal gap one of the highest among major emerging markets

Combined expenditure of central and state governments exceeded revenues by around 7.5% of GDP in 2019

Budget meets slowdown: Govt's challenge on Feb 1 is to revive demand

What the Budget does to revive demand will determine if the economy can shrug off slowdown and regain momentum.

Moody's says nominal GDP growth projections in Budget 2020 appear ambitious

'These forecasts appear ambitious given the combination of structural and cyclical challenges that the Indian economy faces'

We have reprioritised spending to be more productive: Expenditure Secretary

If you look at the growth target of 10 per cent nominal GDP, what we expect is something like 6-6.5 per cent real GDP growth, and inflation of 3.5-4 per cent

Budget 2020: 10% GDP growth a conservative estimate, says Atanu Chakraborty

With a conservative lens, these are the numbers that looked plausible, Chakraborty said

Crowding out and opening up

Tied spending, revenue crunch mean the finance minister did the best she could on financing the deficit

Budget 2020 subsidy burden looks benign due to off-budget borrowing

Fertiliser subsidy down, food subsidy up

Budget consistent with fiscal strategy; aimed at boosting demand

The fiscal multiplied impact of higher government consumption spending is coupled with signal to household sector to spend more

Fiscal deficit way past 3.5% goal if off-budget borrowings are factored in

Adding these borrowings, amounting to Rs 1.86 trn, to the Rs 7.96 trn projected fiscal deficit would take the actual deficit to 4.37% of GDP, and not the official 3.5% estimate

India's growth, fiscal deficit projections challenging to meet: Moody's

Nirmala Sitharaman, set a fiscal deficit target of 3.5% of GDP for the year ending March 2021 and said it expected nominal GDP of 10%

Govt should lean on growth instead of focusing on fiscal deficit: CEA

It is time to focus on growth and, therefore, cutting expenditure is not an option, probably because at a time like this, growth needs to be taken care of, he added

Mining sector's GDP share sees decline due to disruptions in Goa, Karnataka

Closure of mines and disruptions due to changes in legislations has thrown the sector out of gear, curtailing production and endangering jobs

GDP growth for FY19 revised downwards to 6.1% from 6.8% estimated earlier

"Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at Rs 139.81 trillion and Rs 131.75 trillion, respectively

Eco Survey sees growth at 6.5% in FY21, calls for easing of deficit target

For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects

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

Create 'National register for Unemployment', show job data: Youth Congress

The Modi government had promised to create two crore jobs for youths, but on the contrary over 3.64 crore people have been rendered jobless during the BJP regime, he said.

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

Economic slump to hit insurance premium growth over next 3 years: Moody's

The International Monetary Fund has pegged the number at 4.8 per cent and expects it to pull down global growth as well.