Page-18 of Economic growth
Union Cabinet approves XII Plan
The Union Cabinet approved the XII Plan (2012-17) document focused at attaining annual average economic growth rate of8.2%, down from 9% targeted earlier. The Plan document will now need final approval from the highest decision making body, the National Development ..
IMF’s World Economic Outlook Update hews down India’s growth forecast to 6.1%
The International Monetary Fund (IMF) in its World Economic Outlook Update, chopped down India’s economic growth projection from 6.8 % to 6.1% in 2012. This is the result of slowdown in external demand and deceleration in domestic demand. The slow ..
Month: Current Affairs - July, 2012
Third industrial Revolution: What are drivers?- Palak Chandra
In simple terms, a definite and complete change in the livelihood and the organization of an area in a short period of time which brings about the betterment of the social, political, economic, and cultural lives of people is said ..
Month: Current Affairs - June, 2012
India at 6th slot in Inclusive Wealth Index (IWI) per capita
India ranked 6th on Inclusive Wealth Index (IWI) per capita that listed top 20 selected countries on the basis economic performance assessed between 1990 and 2008. The focus on this new measure gained attention in Rio+20 as it emphasized on ..
Month: Current Affairs - June, 2012
Q4 GDP growth drops sharply to 5.3%, lowest in 9 years
Yearly economic growth of India dipped to a 9-year low of 5.3% in the January-March 2012 quarter. Even during the 2008-09, the year when India was facing the hit by the global financial meltdown, growth rate was higher at 6.7%. ..
Month: Current Affairs - June, 2012
Mahalanobis International Award 2011
Prof. Victor Yohoi of Argentina, the founder of the ‘Argentinean School’ of ‘Robust Statistics’ was recently conferred the International Award in Statistics (2011 Mahalanobis International Award) by International Statistical Institute, The Hague, Netherlands. About the Award: The Indian Ministry of ..