Page 22 - India Gdp Growth

Fundamentals of Indian economy strong, has capacity to bounce back: PM Modi

A key factor driving the sharp slowdown in Indian economy is the manufacturing sector slump.

Policy challenges with 5 per cent growth

Since the scope of supporting growth through fiscal and monetary policy is fairly limited, economic revival will ultimately depend on policy reforms

India needs 6.3% labour productivity growth to clock 8% GDP: India Ratings

The labour productivity growth in FY19 was 5.2 per cent

World Bank pegs India's FY20 GDP growth at 5% as credit weakness lingers

In the report's India section, the World Bank said tighter credit conditions in the non-banking sector are contributing to a substantial weakening of the domestic demand in the country

World Bank sees protracted recovery for India, limited fiscal fillip scope

This projected recovery could be stronger if recent policy actions - particularly those that have mitigated trade tensions - lead to a sustained reduction in policy uncertainty, said the report

Auto scrappage policy targeting CVs a way to start revival: Sajjan Jindal

If we are to become a $5 trillion economy, then we need at least 7 per cent to 8 per cent GDP growth, if not higher, says Sajjan Jindal

Indian economy needs govt spending even if fiscal deficit widens: Official

The government should invoke the escape clause under the FRBM Act but stay within the prescribed 0.5 per cent wiggle room allowed in an extraordinary year under the guidelines, said the official

Seeking turnaround, PM Narendra Modi likely to review ministerial work

The PMO will appraise the departments on their performance over the last six months, and will seek solutions to revive growth

India's fiscal deficit rises to 115% of target in 8 months of FY20

The gap between the government's revenue and spending stood at Rs 8.07 trillion at the end of November - Rs 1 trillion (13 per cent) more than the full-year target.

Modi says India will emerge stronger from slowdown, urges investments

India, once the poster child of economic growth in the developing world, grew at the slowest pace in six years during the July-September quarter.

India should maintain fiscal deficit; needs revenue mobilisation: Gopinath

India's consolidated deficit (the Centre and states combined) is the highest among the G20 nations, she added.

All rests on policy outcomes

As an investor, stay positive and believe eventually things will turn around

Easier said than done, but govt has to balance three sectors of economy

The most important policy issue today is how the government can stop spending taxpayers money on labour and financial markets so that the real or production sector can pick up.

When Rahul Bajaj, Kiran Mazumdar-Shaw broke deafening silence of India Inc

In visible signs of economic woes, the auto sector went through one of the longest sales slumps leading to nearly 3.5 lakh job losses.

IMF retains India's FY20 GDP growth rate forecast at 6.1%

IMF's projection is much higher than those by most agencies. RBI's latest projection pegged growth at 5 per cent, Standard & Poor's at 5.1 per cent, Moody's at 4.9 per cent and Fitch' at 4.6 per cent.

Addressing the Great Slowdown

Here's a list of measures that will not help India overcome the slowdown

Re-think GST: No economy can afford to persist with a failed tax experiment

Let's pretend no more that the system isn't broken. The Centre needs to break heads in the GST Council and work out new slabs and rates (the fewer the better) and make a fresh start, writes T N Ninan

Fitch lowers India GDP growth to 4.6%, says business confidence weakening

Growth will gradually recover to 5.6 per cent in FY21 and 6.5 per cent in the following year, predicts Fitch.

Bengal to Rajasthan: It's crunch time for states' finances as economy slows

Outstanding debt of states has risen over the last five years to 25% of GDP, posing medium-term challenges to its sustainability.

Relax fiscal deficit limit from 3% to 4% of GDP, states ask Sitharaman

State FMs had met Sitharaman for a pre-Union Budget interaction