Government has announced a number of economic measures which seeks to revive economic growth through fiscal stimulus. These measures were brought in the backdrop of the economic slowdown in India.The measures announced are:- The surcharge announced in the budget on Foreign Portfolio Investors (FPIs) has been withdrawn.This will check the outflow of FPI from India.… Continue reading Centre responds to downturn with steps to boost growth
Tag: economic growth
Worsening water quality reducing economic growth by a third in some countries: World Bank
The World Bank has released a report on the relation between water pollution and economic growth. The report relied on the biggest-ever database assembled on global water quality using monitoring stations, satellite data and machine learning models. According to the report,poor water quality is affecting economic growth and worsening health conditions.It says that a lack… Continue reading Worsening water quality reducing economic growth by a third in some countries: World Bank
PM’s panel rejects former CEA’s paper on GDP growth
PM Economic Advisory Council(PMEAC) has challenged former chief economic advisor(CEA) claim that India’s gross domestic product (GDP) was overestimated for most of this decade. Recently,former CEA had said that India’s GDP growth in the period 2011-12 to 2016-17 is likely to have been overestimated.He said that the growth during that period was actually 4.5% rather… Continue reading PM’s panel rejects former CEA’s paper on GDP growth
‘Ex-CEA’s paper does not consider key indicators
According to former planning commission member,former Chief Economic Advisor(CEA) analysis of economic growth is incorrect. He said that the analysis ignores the indicators related to the bulk of economic activity such as those measuring the agriculture,services and informal sectors. Recently,former CEA had said that India’s GDP growth in the period 2011-12 to 2016-17 is likely… Continue reading ‘Ex-CEA’s paper does not consider key indicators
