25 Apr 2017 While the GDP growth rate remains encouraging, the Indian economy suffers from declining investment, slow industrial growth, overcapacity and rising bank non-performing assets (NPAs). NPAs – Bank NPAs at 9.3% with public sector banks at 11% is a matter of high concern. NPAs are close to Rs…
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Indian economic developments
25 Apr 2017 In the view of most analysts, India’s leading position in economic growth pace is likely to continue for the next two-three decades and the country could overtake the US to become the world’s second largest economy in purchasing power parity terms by 2050. India has several key…