Page 4 - Gross Domestic Product

'One Nation, One Election' proposal likely to have German blueprint

Law Commission, in its 2015 report, proposed that a no-confidence motion, even if passed by a majority, shall remain ineffective unless a motion of confidence in a named individual is passed

Black and white

India must build on improved macroeconomic stability

Defence preparedness

Govt will have to find more resources

Avoiding the middle-income trap

Unless substantial reforms are undertaken to improve India's freedom rankings, it may remain stuck within the Upper-Middle-Income range beyond 2030

We have been lot more prudent in managing fiscal deficit: FM Sitharaman

The FM also said that retail inflation had declined from an average of 6.8 per cent in April-December 2022 to 5.5 per cent in the corresponding period of April-December 2023

Balanced approach

Manufacturing needs growth and diversification

Defence preparedness

Govt will have to find more resources

Budget focused on economic resilience, creates opportunities for all

It carefully allocates public resources and commits to reduce the country's fiscal debt

FM Sitharaman's Interim Budget is high on confidence, not on populism

FM overperforms on deficit, stays away from sops, pushes feel-good factor by ending old tax disputes, lists out decade of development

Interim Budget 2024-25: Conservative, consistent and inclusive

The numbers assumed in the Budget are conservative and chances are high that the government will do better

Interim Budget: Gross market borrowing music to ears of bond market

In the current year, the gross market borrowings are estimated at Rs 15.4 trillion, and the net borrowing at Rs 11.8 trillion - the highest-ever government borrowing programme

Bond yields soften 8 bps after lower-than-expected fiscal deficit target

Fiscal deficit target lower than expected; room for RBI to cut rate

Interim Budget: A path of fiscal prudence towards Viksit Bharat by 2047

The government has outlined a vision for Viksit Bharat by 2047, with GDP being given a new connotation of 'Governance, Development and Performance'

India yet to see significant improvement in debt affordability: Moody's

Moody's in August had affirmed a 'Baa3' rating on India with a stable outlook. A higher rating implies lower economic risk, allowing a country to borrow at cheaper rates

Rural India's Budget expectations

There is a need to reduce stress in agriculture and increase demand to ensure sustainable growth

TN economy to be worth $2.6 trn by FY48, needs $111 bn investment: Study

State must focus on industries and urbanisation to meet potential, it says

Share of food processing in GVA needs to be raised to 7.2%: Report

This is because increasing agricultural output without investing in processing facilities can harm farmers' earnings and cause rural distress

Direct tax-GDP ratio rises to 15-year high of 6.11% during FY23, shows data

However, direct tax collections rose higher than economic growth during FY23

Central governments show fiscal prudence in Lok Sabha election years

Emkay Research study shows fiscal deficit trend much healthier than in FY19

FY24 per capita income growth may be lowest in 21 years barring FY20, FY21

This was despite the real gross domestic product (GDP) being projected to grow by 7.3 per cent in the current financial year by the first advance estimates