Creating Vibrancy in the Agriculture Sector
17 Jan 2020 The agriculture sector, by employing 44 per cent of the population and contributing 16 per cent to the gross value added (as per the latest PLFS Survey), remains crucial to the overall stability of the Indian economy. The sector has made rapid advancements in achieving the goals of food security, availability and […]
Drivers for Growth of Indian Agriculture
18 Jan 2020 The landscape of agriculture is fast evolving with an increased focus on enhancing farmers’ incomes. The flagship schemes of the government are targeted towards improving purchasing power at the bottom of the pyramid to accelerate overall economic growth. At the same time, advanced technology is providing solutions to tackle the traditional challenges […]
Sectoral Credit Performance
26 Aug 2020 The Covid-19 pandemic caused widespread disruptions across the Indian economy and affected various sectors, since March 2020. Among other parameters, the financial performance of the economy was also impacted and credit growth in the economy remained subdued as greater uncertainty in the economy led to depressed consumer sentiment and weakened demand conditions. […]
Budget and the building blocks of growth
20 Jan 2020 The Union Budget is being presented at a time when the economy is not doing as well as in the recent past. Gross domestic product (GDP) growth is estimated at 5 per cent during this fiscal, which is the slowest in a decade. Besides, private investment remains muted, consumption demand is falling […]
Decisive measures vital to revive India’s growth
21 Jan 2020 The Union Budget 2020-21, to be presented to Parliament by finance minister Nirmala Sitharaman on Saturday, February 1, comes at a time when the Indian economy is facing headwinds from a growth slowdown, on account of both domestic and global factors. A drop in private investments coupled with a slowdown in consumer […]
Budget 2020: India needs to push for investments to kickstart growth
24 Jan 2020 Union Budget 2020 India: One of the key highlights from the recently released advance estimates of GDP was of investment growth slumping to an anaemic 1% in the current fiscal from a healthy double-digit growth registered in the last fiscal. Investment was held back by weak private sector sentiment and limited fiscal […]
Attracting Private Investments in Infrastructure
26 Jan 2020 The infrastructure sector is one of the key drivers of the Indian economy. The overall development of the overall infrastructure sector, which comprises key verticals like power, bridges, dams, roads, urban infrastructure etc, is a strong indicator of the overall development of the nation. The government envisages an infrastructure spend of INR […]
Boosting Exports
27 Jan 2020 Exports of a country are important for sustained economic growth. Many of the fastest growing economies of the past few decades have recorded high exports growth. Exports have many positive effects on the domestic economy as well. Apart from increasing foreign exchange reserves, exports bring many benefits to the economy such as […]
Demand-Side Interventions to Kickstart the Economy
27 Jan 2020 The Indian economy is facing challenging times, amidst a growth slowdown and sluggish economic activity. The Union Budget, to be presented on 1st February 2020, would provide a strong policy direction to help reverse the present situation. The Government has intervened regularly in the last few months to boost growth with measures […]
Don’t tighten belts now
27 Jan 2020 This Saturday finance minister Nirmala Sitharaman will present her second Union Budget, barely seven months after her first one in July last year. In the interim period, she has been actively engaging with industry and other stakeholders and made several policy announcements towards reviving the economy. This is a good practice, as […]