11 Feb 2019 The interim finance minister has presented a coherent, purposeful and balanced Budget which is fully aligned towards meeting the social and economic goalposts envisioned for the country. It strives to address the key socio-economic challenges even as it tries to maintain fiscal discipline and strengthen the momentum…
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Towards a $1 Trillion Manufacturing Economy
29 Jan 2019 The share of manufacturing in GDP has been trending at 16-17% for some years now. The Government has set a target of taking this share to 25% of GDP by the turn of 2025. India has the potential to become a $5 trillion economy in seven years,…
Ayushman Bharat – Fertile Ground for Intersectoral Collaboration
29 Oct 2018 India’s growing population is at times held accountable for many of the challenges that the nation faces, such as housing, unemployment, pollution, depletion of natural resources, poverty, poor health, and numerous others. On the other hand, if we look at Japan, a population decrease of one million…
Investing in the Health of People
24 Sep 2018 India’s growing population is, at times, held accountable for many of the challenges that the nation faces—housing, unemployment, pollution, depletion of natural resources, poverty, poor health, etc. If we look at Japan, a population decrease of 1 million over the last five years has become a cause…
Ensuring a Sustainable Future: Industry Initiatives
04 Jun 2018 Today, the world faces significant challenges from a variety of environmental issues – climate change, energy efficiency, water use and conservation, biodiversity, and waste management, to name a few. Growing pressure on natural resources, increasing levels of carbon emissions and rising inequalities have the potential to impact…
Strong Q4 GDP Growth Rate Reflects Structural Reforms
01 Jun 2018 In a press release issued on 26 May, the Confederation of Indian Industry (CII) had stated that the Indian economy has benefited from key structural reforms over the last few years and a higher growth rate can be expected. The GDP growth data brought out by Central…
Challenges to growth
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…
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…