June 28, 2024, 12:48 AM - 3 mins read
According to the Morgan Stanley report, initiatives under PM Gati Shakti are yielding results. The report projects infrastructure investment to rise to 6.5% of GDP by FY29, with $1.45 trillion spent over five years, enhancing logistics and port efficiency.
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May 2, 2024, 06:29 AM - 4 mins read
Engaging in debates over such policies not only encourages capital flight abroad but also unjustly penalizes the hard work and aspirations of the middle class that are striving to build wealth.
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April 23, 2024, 07:25 AM - 4 mins read
In its recent bulletin titled "Tailwinds Propelling India's Economic Take-off," released on Tuesday, the RBI lists six key factors expected to drive the country toward becoming the world's third-largest economy.
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April 8, 2024, 07:33 AM - 3 mins read
Realizing this vision requires concerted efforts across various fronts. From creating quality employment opportunities and investing in human capital to ensuring decentralized governance and revisiting public subsidies, India must address key challenges to sustain robust economic growth.
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April 3, 2024, 11:14 PM - 2 mins read
In 2023, South Asia's employment ratio stood at 59%, significantly lower than the 70% observed in other emerging market and developing economy regions. Notably, South Asia is the only region witnessing a decline in the employment of working-age men over the past two decades and exhibits the lowest share of working-age women in employment.
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March 27, 2024, 05:18 AM - 2 mins read
In the interim Budget, Finance Minister Nirmala Sitharaman proposed borrowing Rs 14.13 lakh crore by issuing dated securities to cover the revenue shortfall in the upcoming financial year. This figure represents a decrease from the previous year's gross borrowing estimate of Rs 15.43 lakh crore, which stood as the highest ever recorded.
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March 27, 2024, 01:07 AM - 2 mins read
In its "Economic Outlook Asia-Pacific report," S&P Global highlighted several factors expected to influence India's economic trajectory in the coming year. Among these factors are anticipated higher interest rates, a crackdown on unsecured lending, and efforts to reduce the fiscal deficit.
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March 24, 2024, 02:07 AM - 3 mins read
As countries like Germany, Japan and the UK continue to drop down in GDP (PPP) rankings over the years, India has achieved significant gains in GDP and the country’s share has been significantly increasing, a latest report has revealed.
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March 21, 2024, 06:16 AM - 7 mins read
As political parties gear up to woo voters with promises of prosperity and progress, it is imperative that the discourse transcends mere rhetoric and probes into substantive strategies for inclusive growth, job creation and sustainable development.
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March 19, 2024, 02:16 AM - 2 mins read
Contrary to China's remarkable average growth of 10% annually for three decades following its economic reforms in 1978, India's growth trajectory is projected to hover between 6.5% and 7% over an extended period. Ahya highlighted some challenges hindering India's progress, particularly citing deficiencies in infrastructure and a shortage of skilled labor as significant barriers.
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March 8, 2024, 10:04 PM - 2 mins read
Elaborating on the functionality of the database, Shah outlined its capacity to interlink primary agricultural credit societies (PACS) with apex bodies, seamlessly connect rural and urban centers, and integrate local databases with global platforms. He elucidated that this initiative aligns with the comprehensive campaign initiated by the Narendra Modi government to bolster cooperative movements across the nation.
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March 2, 2024, 05:27 AM - 3 mins read
In India, strong GDP growth led to a surge in emissions, adding 190 million tonnes in 2023. The situation was worsened by a weak monsoon, which boosted electricity demand and decreased hydro production, contributing a quarter to the total emissions increase.
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