Cohesive policy, leadership, grip on administration create growth: FM
"Growth in GDP does not happen automatically. A lot of efforts are required at the macro-level and micro-level," says the FM
"Growth in GDP does not happen automatically. A lot of efforts are required at the macro-level and micro-level," says the FM
Terming the decade before 2014 a "lost decade", the FM says the economy had “literally gone down from what it was in 2004”
The PMI rose to 62.2 in April as against 61.8 in March, thus indicating the fastest rate of increase in aggregate business activity since mid-2010.
IMF’s Asia and Pacific Dept director says investment in China and India could contribute disproportionately to growth — much of it public, especially in India
The chamber estimates that the contribution of services to India’s GDP will be 54%, followed by industry (34%) and agriculture (12%) in 2047.
The country’s wholesale price index in March stood at 151.8. The wholesale price index stood at 151.2 for February and January.
While India’s labour force participation rate (LFPR) has continued to increase over the last 5 years, it is important to look at the quality of jobs being created.
In his resignation, he also claimed that there is huge disconnect of the Congress party from the ground realities.
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
The strong evidence of emerging economy central bank rate actions is predicated by advanced economy actions, but India is an exception, says SBI