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Did India Over-Estimate its Growth Rate?
In a research paper India s GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms, and Implications former chief economic advisor Arvind Subramanian has claimed that India s economy grew at a much slower pace between 2011-12 and 2016-17 (at about 4.5%) than the ..
World Bank-ILO Report: Key Facts
The World Bank-ILO report titled Exports to Jobs: Boosting the Gains from Trade in South Asia has been released. The report studies the effect on local employment and wages of changes in exports by combining disaggregated data from household-level or ..
Month: Current Affairs - March, 2019
India’s exports to China set to touch Record High
India’s export to China is expected to reach an all-time high in the financial year 2018-19. Increase in Exports The increase in the exports to China is attributed to US-China trade spat creating new opportunities for exporters and Beijing removing ..
Month: Current Affairs - February, 2019
India and China sign agreement to inspect fish meal, fish oil imports
India and China signed protocol on hygiene and inspection requirements for exports of fish meal, fish oil imports from India to China. It was signed as part of discussions between India’s Commerce Ministry and six-member Chinese delegation led by Vice ..
Month: Current Affairs - November, 2018
Government developing National Logistics Portal
Union Ministry of Commerce and Industry is developing National Logistics Portal is to ensure ease of trading in international and domestic markets. The portal will link all stakeholders of EXIM (export and import), domestic trade and movement and all trade ..
Month: Current Affairs - August, 2018
India to grow 7.2% in 2018-19 down from earlier projection of 7.4%: Ind-Ra Outlook
Rating agency India Ratings & Research (Ind-Ra) in its Mid-Year FY19 Outlook has revised down India’s growth to 7.2% from its earlier projection of 7.4% for 2018-19 (FY19). The downward revision comes as Indian economy to face headwinds from high ..