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'Attaining 7-8% growth is reasonably plausible'
It's only partially promising.
Jitendra Prakash / Reuters
The efforts could still prove a boon to Modi by improving the nation’s overall economic record
Reviving hopes for a rate cut by RBI to boost growth.
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The New Education Policy (NEP) sets itself a grandiose objective of increasing public spending on education, from the current 3.5% of GDP to 6% of GDP. While this would be the best possible move, it may not be practical for a country like India. As a country, we can either wait for the 6% to happen or start giving out fiscal incentives so as to reduce the cost of education.
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Two straight years of drought, news of a slowing startup market and reported layoffs, increasing taxes, a relatively poor urban consumer class and a housing market slowdown aren’t exactly the tell-tal...
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There’s plenty to cheer about India’s recent GDP growth data and economy, which clocked a 7.6 percent increase in the fiscal 2015-2016. However, a closer look reveals possible catches in the growth da...
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The GDP Figures for the March quarter are out and it couldn't be better news for the Modi government. India’s March quarter Gross Domestic Product (GDP) grew 7.9 percent, according to official data,...
NEW DELHI -- Terming gender-gap in Indian job market as higher than most other countries, International Monetary Fund (IMF) on Sunday pitched for greater investment in infrastructure and enhanced soci...
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NEW DELHI--Inaugurating the Delhi Economics Conclave in the national capital, Prime Minister Narendra Modi on Friday said the economy has performed better on all parameters including inflation and for...
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NEW DELHI -- Women in India do almost 10 times as much unpaid work as men - a much higher ratio than the global average - leaving them out of the formal workforce and unable to contribute to the econo...
In this year's World Economic Forum's Global Competitiveness Report, which sets out every year to assess the long term economic prospects of over 140 countries, India turns around five years of decline comprehensively. Climbing a total of 16 places in one year to 55th worldwide, India's performance is one of the strongest seen anywhere in the world.