The Budget aims to boost demand and supply through increased spending in sectors such as health, education, infrastructure and power
The apex bank would still like to drain out some liquidity while managing yields through OMO or operation twist, to fend off inflation, especially when rate hikes seem distant
The government shows its intent to continue with reforms
There are several welcome standalone reforms but these do not add up to a coherent strategy to achieve a $5 trillion economy
What sort of grand policy produces the opposite result of the one that it sought to achieve? What failed and how would this be corrected?
Subramanian, the lead author of the Economic Survey, also made a case for strong counter-cyclical measures to encourage private investment
This translates into real GDP growing only 2.4% over the absolute level of 2019-20
Under the first revision released in January 2020, real GDP or GDP at constant (2011-12) prices for 2018-19 was pegged at Rs 139.81 trillion, showing a growth of 6.1 per cent
The survey's projections form the basis for key figures in the budget, due to be delivered on Monday by Finance Minister Nirmala Sitharaman
Provisional data shows that inflation impact in 2020-21 is expected to be about 3.9%, down from 7.4% in 2019-20
Expects economy to grow 11.5% next year, which could slightly correct govt's fiscal mathematics
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While the informal sector has been affected more severely than the formal, it is also resilient and can revive quickly, say experts
Indian economy is likely to contract 7.5 per cent in the current fiscal but will see a double-digit growth in 2021-22, former chief economic adviser Arvind Virmani said on Wednesday.
Gross tax revenues may be projected at around Rs 23.65 trn in the Budget, back-of-the-envelope calculations suggest
Experts waiting for a debt management road map in Budget
Medium-term growth to slow around 6.5 per cent a year over FY23 to FY26
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Rural economy is helping consumption demand, but it is inadequate to compensate for the loss of urban demand.
Rating agency expects monetary policy stance to change to neutral from accommodative in August 2021 policy review or later