The scale and spread of Covid 2.0 has once again subdued demand, especially in rural India. The economy will obviously need both fiscal and monetary support in greater measures at least to ensure recovery does not falter. To be able to entice more investment into the economy, some extraordinary policy measures will become necessary like reforms in the financial sector, the Railways and defence production, along with a more transparent fiscal deficit target. In a candid chat with BW Businessworld’s Manish Kumar Jha, Chairman of the Economic Advisory Council to the Prime Minister and leading economist, Bibek Debroy, talks of policies that will decide the future course of the Indian economy and that “illusive inclusive growth”.
Read MoreThe economic growth statistics of the last financial year underplay some economic indicators like FDI and GST collection. The GDP numbers released by the National Statistical Office (NSO) show a 7.3 per cent contraction of the Indian economy over FY2020-21 ‒ the worst in over 40 years. Along, we must subject FDI to a closer analysis. Where are we headed in terms of economic planning and how do we reorient our growth story? And, crucially, what about India's youth dividend turning in bubble? Former Union Finance Minister and Congress member of Parliament, P. Chidambaram discusses these and other lacunae in planning with BW Businessworld’s Manish Kumar Jha.
Read MoreIndia moved down 12 spots in the global home price index to 55th rank in Q1 2021 against 43rd rank in Q1 2020.
Read MoreThe association had written a letter to the Minister of Housing and Urban Affairs Hardeep Singh Puri, seeking his intervention in the matter.
Read MoreExports of only agricultural products (excluding marine and plantation products) increased by 28.36 per cent to USD 29.81 billion in 2020-21 as compared to USD 23.23 billion in 2019-20.
Read MoreIIDS gives an option to farmers to receive individual needs-based information for only those services to which they have subscribed.
Read MoreTotal income rose to Rs 2,360.6 crore in the fourth quarter of last fiscal from Rs 2,016.9 crore in the corresponding period of the previous year
Read MoreLeading stock exchange BSE in December 2020 launched BeAM, an electronic spot platform for agricultural commodities.
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