Why India needs a 2024 poverty line
Interpretations of data paint exaggerated picture of prosperity
Interpretations of data paint exaggerated picture of prosperity
In short, "Amrit Kaal" culminates in "Viksit Bharat@2047" and the promise is to make India a “developed nation” by 2047.
HSBC's fash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, climbed to 61.3 this month compared to February's final reading of 60.6.
This comes a day after the cabinet approved the continuation of the targeted subsidy of ₹300 per 14.2 kg cylinder for up to 12 refills per year during FY24-25 under Ujjwala Yojana.
In India's rural villages, many women are often overlooked when it comes to securing a plausible income from their family's farmlands.
February data highlights a notable upturn in demand across the service sector, with inflows of new business expanding for the thirty-first month running.
The NSO has revised GDP growth for Q2 FY24 to 8.1% from 7.6%, while that for the first quarter has been revised higher to 8.2% from 7.8%.
"In the presence of continuing global economic slowdown, India may have to rely largely on domestic growth drivers," says a report by EY India.
Private final consumption expenditure (PFCE), which accounts for about 60% of the GDP from the demand side, is expected to grow 6.1% year-on-year in FY25.
As per the survey, new orders across the domestic private sector rose for the 31st successive month.