Page 26 - Gdp Growth

States' fiscal deficit to narrow to 4.3% of GDP in FY22: Ind-Ra

The agency's earlier forecast for FY21 was 4.5 per cent. The revision was made due to a sharper-than-expected contraction of 6.1 per cent in the nominal GDP

Increasing fiscal constraints

Govt must focus on mobilising more revenues

A steep fiscal correction

With modest revenue effort, the burden of cutting the deficit will fall on a big expenditure contraction

A pro-growth turn in government policy

The growth impact of PLI schemes could start showing up in FY22

RBI projects GDP growth rate at 10.5% over recovery in economic activities

RBI Governor Shaktikanta Das said vegetable prices are expected to remain soft in the near term as the central bank projected retail inflation rate to come down to 5.2 per cent in the current quarter

It's getting better over time: FM cuts Budget speech short this year

There has been less fudging with the revised estimates (RE) of 2020-21.

Hit hard by Covid-19 lockdown, economy on firm path of fragile recovery

Though the first case of Covid was detected at the end of January last year, the impact on the economy began to be felt towards the end of March, when the first nationwide lockdown was announced

Economy to witness 'V-shaped' rebound with 11% growth in FY22: Eco Survey

The rebound will follow an estimated 7.7 per cent contraction in the Gross Domestic Product (GDP) in the current financial year ending March 31

GDP growth leads to debt sustainability, says Economic Survey

Economic Survey made a case for an optimal fiscal stance

Investment in infra essential to growth boost, says Economic Survey 2020-21

The Survey emphasised that the year after the crisis will require sustained and calibrated measures to facilitate the process of economic recovery

Budget with a long-term view

Govt can approach the Budget 2021 with an aim to rebuild the economy to attain the long-term objective of sustained higher growth

Indian economy may contract by 9.6% in 2020, grow at 7.3% in 2021: UN

In 2020, the world economy shrank by 4.3%, over two and half times more than during the global financial crisis of 2009The modest recovery of 4.7% expected in 2021 would barely offset the losses of 20

An impossible combination of things that India's Budgets attempt

Successive Indian governments have tried to do what they can't: target economic growth and equitable distribution simultaneously

How key economic estimates are likely to pan out in Budget 2021-22

Business Standard presents two scenarios on revenues, expenditure and fiscal deficit, based on two different assumptions of the country's GDP the next financial year

A Budget after contraction

Past Budgets presented after a GDP decline had no exciting proposals

Towards real recovery

Policymakers must focus on medium-term growth risks

Budget 2021 will address woes of affected sectors, says Finance Secretary

AJAY BHUSHAN PANDEY says litigants in more than 96,000 appeals - involving disputed amounts of Rs 83,000 crore - have opted for the Vivad Se Vishwas scheme, which has been extended by a month

Best of BS Opinion: Army's pivot to the north, an attack on America & more

Here's a selection of Business Standard opinion pieces for the day

First advance estimates: GDP to grow 8-11.5% in FY22, say experts

Within services, financial, real estate and professional services are expected to perform well

Covid slump may cause 7.7% GDP contraction in FY21: First Advance Estimate

The government's First Advance Estimate suggests the worst performance ever for the Indian economy in the wake of the slowdown caused by the coronavirus pandemic