NEWS
- 28 April | India to Witness Deadliest Event of World History Mega El Nino Click Here →
- 15 April | The 3-Attempt Strategy No One Talks About | How He Scored 420+ in GS Click Here →
- 30 March | The Honest UPSC Talk Nobody Tells You Click Here to see Abhijit Asokan AIR 234 talk →
- India Ratings and Research has revised downwards its projection of the country’s GDP growth in financial year 2019-20 to 6.7% from an earlier estimate of 7.3%
- The reasons cited for lowering the growth projection are a) a slowdown in consumption demand; b) delayed and uneven progress of monsoon so far; c) decline in manufacturing growth; d) inability of Insolvency and Bankruptcy Code to resolve cases in a time-bound manner, and e) rising global trade tension adversely impacting exports.
- Recently, the Moody’s Investors Service has also cut the GDP growth forecast for the current financial year to 6.2% from the previous estimation of 6.8%.
