Page-3 of GDP Growth Rate
Economic Survey 2020 tabled in the Parliament by the Finance Minister
The Economic Survey of the Fiscal Year 2020 has been tabled in both the houses of Parliament. The survey highlights economic trends in the country, development over the past 12 months and facilitates better mobilization of resources. Highlights The Current ..
Month: Current Affairs - January, 2020
IMF lowers from 6.1 to 4.8 Percent GDP Growth Rate for India
The Washington, D.C based international organization, International Monetary Fund (IMF)decreased India’s GDP growth forecast to 4.8 percent for this fiscal year, which is 1.3 percentage point lesser than its previous estimates. Chief Economist of the IMF, Gita Gopinath stated in ..
Month: Current Affairs - January, 2020
Hyderabad adjudged ‘World’s Most Dynamic City’
The capital city of Telangana and a major hub of technology industries, Hyderabad was recently adjudged as the ‘World’s Most Dynamic City’ based on the parameters like commercial real estate, social-economic indicators, out of which Hyderabad scored the highest globally ..
Month: Current Affairs - January, 2020
GoI releases First Advance Estimates: GDP Growth Rate predicted as 5%
On January 7, 2020, the CSO (Central Statistics Office) operating under Ministry of Statistics and Programme implementation released the first advance estimates of GDP number for the fiscal year 2020. The numbers are in line with the predictions of Reserve ..
Month: Current Affairs - January, 2020
How India can be a USD 5 trillion economy?
While Prime Minister Narendra Modi has promised to make India a USD 5 trillion economy by 2025, significant challenges still stand in way of India and its goal. For starters, the Indian economy has a size of USD 2.98 trillion ..
RBI Monetary Policy review: Repo rate lowest since 2010
The Reserve bank of India (RBI) in its bi-monthly monetary policy review reduced repo rate by 25 basis points to 5.75% from current 6.0% with immediate effect. This is RBI’s third cut this year and has reduced Repo rate at ..
Month: Current Affairs - June, 2019