Opinion: Poonam Gupta and S Priyadarshini. The real growth rate of the Indian economy in the April-June quarter of 2023-24 (Q1, FY24), according to the latest data released by the Central Statistical Office (CSO), stood at 7.8 per cent. Market economists embraced this data as reflective of their own projections, and in line with their... Read More
Reserve Bank of India governor Raghuram Rajan on Friday said that a growth rate of over 7% was a credible achievement given wobbly conditions in the world economy but cautioned the government against being “over ambitious” and asked it to contain its borrowings. “It is to the immense credit of the government that we have... Read More
New Delhi (January 29 2016): Dr Raghuram Rajan Governor of the Reserve Bank of India delivered NCAER’s 4th C. D. Deshmukh Memorial Lecture on January 29 2016 to an audience of distinguished economists civil servants industry analysts and economics students. Dr Rajan’s speech is attached in its entirety. Dr Bimal Jalan Chairman of India’s Expenditure... Read More
Reserve Bank Governor Raghuram Rajan on Friday invoked ‘dosa economics’ to explain that pensioners are better off in the regime of falling inflation. Delivering the C D Deshmukh memorial lecture in the capital he said that a pensioner would be able to buy more number of dosas from lower interest income provided the inflation remained... Read More
Ahead of the Budget Reserve Bank of India (RBI) Governor Raghuram Rajan today warned against generating economic growth through additional debt saying that any deviation from the fiscal consolidation path will hurt stability of the economy. “As Brazil’s experience suggests the enormous costs of becoming an unstable country far outweigh any small growth benefits that... Read More
"Timely" weather forecast services to 11.5 million peasants resulted in economic profit worth Rs 42000 crore during 2015 Minister for Science and Technology and Earth Sciences Harsh Vardhan said today. He also made a strong pitch for expanding the web of facilities to all farmers to attain estimated profit of Rs 3.20 lakh crore. Referring to a report... Read More
NEW DELHI (January 13 2016) - Battling extremes of drought and unseasonal rains complicated now by a warm winter the Indian farmer had a difficult year in 2015 and his prospects are unlikely to improve in 2016. This has resulted in farmer distress and may lead to a decline in food-grain output in 2016 for... Read More
NEW DELHI: Indian farmers had a difficult year in 2015 and their prospects are unlikely to improve in 2016 a report by economic policy thinktank NCAER said.The research policy institute said according to its estimate growth in agriculture and allied sector in the second quarter of FY 201516 is likely to be 2.2 per cent... Read More
Indian farmers had a difficult year in 2015 and their prospects are unlikely to improve in 2016 a report by economic policy thinktank NCAER said. The research policy institute said according to its estimate growth in agriculture and allied sector in the second quarter of FY 2015-16 is likely to be 2.2 per cent as... Read More
The Vijay Kelkar Committee has recommended stricter regulatory oversight of airports and cooperation amongst customs immigration and other government agencies with a view to improving service delivery. Airports at Mumbai Delhi Bengaluru and Hyderabad have been developed under the public-private partnership (PPP) route. In its draft civil aviation policy too the government had said it... Read More
Administrative fiat is certainly not the best option in the absence of accurate data on vehicular pollution During the late 1990s the United Nations Environment Programme (UNEP) worked with six countries in comprehensive projects to identify the impact of liberalisation on environmental resources and the use of economic instruments to sustainably manage these impacts. The... Read More