Page-8 of Topic: Economic growth
World Bank’s Global Economic Prospect: World Economic Growth projected at 2.5%
On January 9, 2020, the World Bank released its Global Economic Prospect. According to its forecast, the world is expected to grow economically at the rate of 2.5%....
India will overtake Germany; Become 4th largest economy in the world in 2026
According to a report released by UK based Centre for Economics and Business Research (CEBR), India will overtake Germany in 2026 to become the world’s fourth largest economy....
Finance Minister announces 102 lakh crore rupees project
On December 31, 2019, Finance Minister Nirmala Sitaraman announced 102 lakh crore worth projects to be implemented in next 5 years. During the announcement, she also released the...
Major global cities to slow down according to research
New research studies have predicted that the growth in major cities around the world will slow down in 2020 and 2021. The Oxford economic researchers reported that out...
Lok Sabha clears Taxation (Amendment) bill, 2019
On December 2, 2019, Lok Sabha passed the Taxation Laws (Amendment) bill, 2019. The main objective of the bill is to provide an option for the domestic companies...
NITI Aayog’s concerns on Vehicle Scrappage Policy
The Ministry of Road and Transport Highways recently released Draft Guidelines for Vehicle Scrapping Facility. The guidelines include land requirements, scrapping procedures, criteria for scrapping of vehicles. It...
Committee on Companies Act, 2013 submits its report to Finance Ministry
Ministry of Finance and Corporate Affairs constituted the Company Law Committee in September 2019. The Committee submitted its report to the Finance Minister on November 18, 2019. Objective...
Central Electricity Authority Data: India’s Electricity Demand fell to a 12-year low
According to the data released by the Central electricity Authority (CEA), the electricity demand of the country fell by 13% in October 2019 as compared to October 2018....
NCAER Survey: Business Confidence fell by 15%
According to National Council of Applied Economic Research, the Business Confidence of India dipped to lowest in six years. It fell by 15% between the period July and...
Why the Economic Slowdown is taking place?
The release of the first-quarter data for the financial year 2020 came as a rude surprise to economists and policy planners in the country. Due to a fall...Debate over India’s GDP Numbers
The Central Statistics Office (CSO) introduced a new series of National Account Statistics in 2015. The important changes made in the new series included the change in base...
