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Assam Among Top 5 Growing States In India: Himanta Sarma
Chief Minister Himanta Biswa Sarma said Assam is one of the top five growing states in India with 13.9 per cent gross state domestic product (GSDP) and 12.84 per cent in terms of per capita income in 2023-24.
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India Can Sustain 8% Growth, Even Higher, Says RBI Bulletin
India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may become a launching pad for a step-up in the country's growth trajectory, said an article on the 'State of Economy' in the central bank's March Bulletin.
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Weak Revenue Growth, Higher Capital Outlays To Keep States' Debt High This Fiscal: Report
States' debt will stay elevated at 30-31 per cent of their gross domestic products this fiscal as they have been borrowing from the markets much beyond their means amid modest revenue growth, a report said today.
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Telangana's Gross State Domestic Product Has Doubled In 8 Years: KCR
Telangana's Gross State Domestic Product (GSDP) more than doubled to Rs 11.55 lakh crore during the last eight years, said Chief Minister K Chandrashekar Rao.
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GDP Growth Likely To Be 8.2-8.5% In 2021-22: SBI Report
India's Gross Domestic Product (GDP) growth is expected to be in the range of 8.2 to 8.5 per cent in the FY22, according to State Bank of India's research report Ecowrap.
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States Need To Re-Prioritise Expenditure, Says SBI Report
Many states are spending high amounts on populist schemes and with the GST compensation ending in June, they need to re-prioritise their expenditure
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Raise States' Borrowing Limits: Bengal To Union Finance Minister
The West Bengal government on Friday suggested to Union Finance Minister Nirmala Sitharaman that the borrowing limits of states be raised to 5 per cent of the gross state domestic product (GSDP).
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Government To Allow Additional Borrowing For States Which Complete Specific Reforms
The states which implement all reforms are eligible for additional borrowings of up to Rs 2.14 lakh crore equivalent to 0.25 per cent of their gross states domestic product
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NEP Aims To Increase Investment In Education To 6 Per Cent Of GDP
The Centre and the States will work together to increase the public investment in the education sector to reach 6 per cent of Gross Domestic Product (GDP) at the earliest, says National Education Policy 2020 which was approved by the union cabinet on Wednesday.
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These 5 States Are Leading India's Economic Recovery From Lockdown
Five Indian states contributing nearly 27% of the country's gross domestic product are leading a recovery in the economy as it slowly emerges from the world's biggest lockdown, a study by Elara Securities Inc. shows.
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"8, 7, 6.6, 5.8, 5, 4.5 = State Of Economy": P Chidambaram
P Chidambaram, addressing his first press conference after being released from jail on bail, didn't waste time in taking on the government on the state of the economy and said Prime Minister Narendra Modi had been "unusually silent" on the slump.
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"Economy Worrisome, State Of Society More So": Manmohan Singh On GDP Dip
Former Prime Minister Manmohan Singh today termed the country's weakening economy as a "reflection of the state of its society", and claimed that sustained growth can be achieved only if the central government realises that social harmony and progress are not mutually exclusive factors.
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Finance Minister Nirmala Sitharaman: Growth Down, But There Won't Be Any Recession
Acknowledging the economic slowdown, Finance Minister Nirmala Sitharaman on Wednesday defended the state of the economy and dismissed concerns of a recession. "If you are looking at the economy with a discerning view you see that growth may have come down, but its not recession yet or it won't be recession ever," said Nirmala Sitharaman, responding...
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India's Economic Growth May Tank Below 5% To A New Low, Predict Analysts
Growth of 4.2 per cent would be the lowest since authorities adopted a new base year for gross domestic product data in 2012.
-
Next Government Seen Relying On RBI Rate Cuts To Spur Growth: Report
The government has a fiscal deficit target of 3.4 per cent of gross domestic product for 2019-20. While the RBI is likely to be open to more policy easing, provided inflation does not surge, their impact on economic activity may be limited, given debts burdening India's state banking sector.
-
Assam Among Top 5 Growing States In India: Himanta Sarma
Chief Minister Himanta Biswa Sarma said Assam is one of the top five growing states in India with 13.9 per cent gross state domestic product (GSDP) and 12.84 per cent in terms of per capita income in 2023-24.
-
India Can Sustain 8% Growth, Even Higher, Says RBI Bulletin
India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may become a launching pad for a step-up in the country's growth trajectory, said an article on the 'State of Economy' in the central bank's March Bulletin.
-
Weak Revenue Growth, Higher Capital Outlays To Keep States' Debt High This Fiscal: Report
States' debt will stay elevated at 30-31 per cent of their gross domestic products this fiscal as they have been borrowing from the markets much beyond their means amid modest revenue growth, a report said today.
-
Telangana's Gross State Domestic Product Has Doubled In 8 Years: KCR
Telangana's Gross State Domestic Product (GSDP) more than doubled to Rs 11.55 lakh crore during the last eight years, said Chief Minister K Chandrashekar Rao.
-
GDP Growth Likely To Be 8.2-8.5% In 2021-22: SBI Report
India's Gross Domestic Product (GDP) growth is expected to be in the range of 8.2 to 8.5 per cent in the FY22, according to State Bank of India's research report Ecowrap.
-
States Need To Re-Prioritise Expenditure, Says SBI Report
Many states are spending high amounts on populist schemes and with the GST compensation ending in June, they need to re-prioritise their expenditure
-
Raise States' Borrowing Limits: Bengal To Union Finance Minister
The West Bengal government on Friday suggested to Union Finance Minister Nirmala Sitharaman that the borrowing limits of states be raised to 5 per cent of the gross state domestic product (GSDP).
-
Government To Allow Additional Borrowing For States Which Complete Specific Reforms
The states which implement all reforms are eligible for additional borrowings of up to Rs 2.14 lakh crore equivalent to 0.25 per cent of their gross states domestic product
-
NEP Aims To Increase Investment In Education To 6 Per Cent Of GDP
The Centre and the States will work together to increase the public investment in the education sector to reach 6 per cent of Gross Domestic Product (GDP) at the earliest, says National Education Policy 2020 which was approved by the union cabinet on Wednesday.
-
These 5 States Are Leading India's Economic Recovery From Lockdown
Five Indian states contributing nearly 27% of the country's gross domestic product are leading a recovery in the economy as it slowly emerges from the world's biggest lockdown, a study by Elara Securities Inc. shows.
-
"8, 7, 6.6, 5.8, 5, 4.5 = State Of Economy": P Chidambaram
P Chidambaram, addressing his first press conference after being released from jail on bail, didn't waste time in taking on the government on the state of the economy and said Prime Minister Narendra Modi had been "unusually silent" on the slump.
-
"Economy Worrisome, State Of Society More So": Manmohan Singh On GDP Dip
Former Prime Minister Manmohan Singh today termed the country's weakening economy as a "reflection of the state of its society", and claimed that sustained growth can be achieved only if the central government realises that social harmony and progress are not mutually exclusive factors.
-
Finance Minister Nirmala Sitharaman: Growth Down, But There Won't Be Any Recession
Acknowledging the economic slowdown, Finance Minister Nirmala Sitharaman on Wednesday defended the state of the economy and dismissed concerns of a recession. "If you are looking at the economy with a discerning view you see that growth may have come down, but its not recession yet or it won't be recession ever," said Nirmala Sitharaman, responding...
-
India's Economic Growth May Tank Below 5% To A New Low, Predict Analysts
Growth of 4.2 per cent would be the lowest since authorities adopted a new base year for gross domestic product data in 2012.
-
Next Government Seen Relying On RBI Rate Cuts To Spur Growth: Report
The government has a fiscal deficit target of 3.4 per cent of gross domestic product for 2019-20. While the RBI is likely to be open to more policy easing, provided inflation does not surge, their impact on economic activity may be limited, given debts burdening India's state banking sector.
