Tag: GDP growth

Concerns about credit | The Indian Express

In its study on the “Sectoral deployment of bank credit in India”, the Reserve Bank of India has highlighted the sharp decline in bank credit to parts of the economy. The collapse is due to both supply and demand-side factors — the pandemic has forced …

Turning the corner | The Indian Express

The Indian economy appears to have turned the corner. After two consecutive quarters of contraction, it grew by 0.4 per cent in the third quarter of the current financial year, according to the second advance estimates released by the National Statistical Office. While these estimates …

Cues for growth | The Indian Express

The Sensex tumbling below 50,000 points, after having scaled that psychological barrier earlier this month, is an occasion for reflection. Not the least because the stock markets’ relentless rise till now was itself seemingly incongruous with a stagnating, if not contracting, economy. Even after the …

Picking up pace | The Indian Express

The normalisation of economic activities in India, which had picked up pace in the third quarter of the current financial year, appears to have gained momentum in the weeks since. As the monthly economic review by the ministry of finance notes, “a sustained and strengthening …

Farm laws are only way to push agriculture out of low-income trap

Indian agriculture grew at about 1 per cent per annum in the 50 years before Independence. It has grown at about 2.6 per cent per annum in the post-Independence era to become the world’s second-largest food producer. This transformation has been possible through increasing the …