Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | A brief history of the Indian economy in 2020 -Udit Misra     </title>
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India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here&#39;s how it all unfolded.

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India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here&#39;s how it all unfolded.

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    <h1 class="cat-box-title">A brief history of the Indian economy in 2020 -Udit Misra </h1>
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		 Published on</span><span class="text-date"> Dec 28, 2020</span>
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here&#39;s how it all unfolded.</em></p><p style="text-align:justify">Dear Readers,</p><p style="text-align:justify">Right through the year, at ExplainSpeaking, we have strived to make sense of the most important developments in the Indian economy. As the year ends, here are the highlights from 2020 and five things to watch out for in 2021.</p><p style="text-align:justify">The calendar year 2020 started on a rather weak note as India&rsquo;s GDP growth rate hit a six-year low in 2019 and then progressively decelerated further. Here&rsquo;s a piece that incorporates the findings of former Chief Economic Advisor Arvind Subramanian to explain how and why the Indian economy was losing its growth momentum.</p><p style="text-align:justify">Since the Union Budget is now presented on February 1st, much of January&rsquo;s focus was on understanding the Budget-making exercise. Providing a context was this piece on why the poor in India remain poor. According to the World Economic Forum&rsquo;s Global Social Mobility report, in India, it would take 7 generations for a member of a poor family to achieve average income; in Denmark, it would take just 2 generations to do so.</p><p style="text-align:justify">A key concern leading up to the Budget for 2020-21 was the falling credibility of Budget numbers. With Covid-19 playing havoc with the economy even before the start of the new financial year, this problem is likely to sustain.</p><p style="text-align:justify">Another key concern in the Budget &mdash; and this, too, is likely to be a concern in the forthcoming Budget of 2021-22 &mdash; was the adherence to fiscal rectitude. But the ugly truth about India&rsquo;s adherence to the FRBM Act is that &mdash; thanks to Indian policymakers ignoring the key metric of revenue deficit &mdash; fiscal consolidation now actually hurts India&rsquo;s economic growth.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/" title="https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/" class="re" target="_blank">The Indian Express, 28 December, 2020, https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/</a><div class="clear"></div>
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    <h1 class="cat-box-title">A brief history of the Indian economy in 2020 -Udit Misra </h1>
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here&#39;s how it all unfolded.</em></p><p style="text-align:justify">Dear Readers,</p><p style="text-align:justify">Right through the year, at ExplainSpeaking, we have strived to make sense of the most important developments in the Indian economy. As the year ends, here are the highlights from 2020 and five things to watch out for in 2021.</p><p style="text-align:justify">The calendar year 2020 started on a rather weak note as India&rsquo;s GDP growth rate hit a six-year low in 2019 and then progressively decelerated further. Here&rsquo;s a piece that incorporates the findings of former Chief Economic Advisor Arvind Subramanian to explain how and why the Indian economy was losing its growth momentum.</p><p style="text-align:justify">Since the Union Budget is now presented on February 1st, much of January&rsquo;s focus was on understanding the Budget-making exercise. Providing a context was this piece on why the poor in India remain poor. According to the World Economic Forum&rsquo;s Global Social Mobility report, in India, it would take 7 generations for a member of a poor family to achieve average income; in Denmark, it would take just 2 generations to do so.</p><p style="text-align:justify">A key concern leading up to the Budget for 2020-21 was the falling credibility of Budget numbers. With Covid-19 playing havoc with the economy even before the start of the new financial year, this problem is likely to sustain.</p><p style="text-align:justify">Another key concern in the Budget &mdash; and this, too, is likely to be a concern in the forthcoming Budget of 2021-22 &mdash; was the adherence to fiscal rectitude. But the ugly truth about India&rsquo;s adherence to the FRBM Act is that &mdash; thanks to Indian policymakers ignoring the key metric of revenue deficit &mdash; fiscal consolidation now actually hurts India&rsquo;s economic growth.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/" title="https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/" class="re" target="_blank">The Indian Express, 28 December, 2020, https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/</a><div class="clear"></div>
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India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here&#39;s how it all unfolded.

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India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here&#39;s how it all unfolded.

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    <h1 class="cat-box-title">A brief history of the Indian economy in 2020 -Udit Misra </h1>
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here&#39;s how it all unfolded.</em></p><p style="text-align:justify">Dear Readers,</p><p style="text-align:justify">Right through the year, at ExplainSpeaking, we have strived to make sense of the most important developments in the Indian economy. As the year ends, here are the highlights from 2020 and five things to watch out for in 2021.</p><p style="text-align:justify">The calendar year 2020 started on a rather weak note as India&rsquo;s GDP growth rate hit a six-year low in 2019 and then progressively decelerated further. Here&rsquo;s a piece that incorporates the findings of former Chief Economic Advisor Arvind Subramanian to explain how and why the Indian economy was losing its growth momentum.</p><p style="text-align:justify">Since the Union Budget is now presented on February 1st, much of January&rsquo;s focus was on understanding the Budget-making exercise. Providing a context was this piece on why the poor in India remain poor. According to the World Economic Forum&rsquo;s Global Social Mobility report, in India, it would take 7 generations for a member of a poor family to achieve average income; in Denmark, it would take just 2 generations to do so.</p><p style="text-align:justify">A key concern leading up to the Budget for 2020-21 was the falling credibility of Budget numbers. With Covid-19 playing havoc with the economy even before the start of the new financial year, this problem is likely to sustain.</p><p style="text-align:justify">Another key concern in the Budget &mdash; and this, too, is likely to be a concern in the forthcoming Budget of 2021-22 &mdash; was the adherence to fiscal rectitude. But the ugly truth about India&rsquo;s adherence to the FRBM Act is that &mdash; thanks to Indian policymakers ignoring the key metric of revenue deficit &mdash; fiscal consolidation now actually hurts India&rsquo;s economic growth.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/" title="https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/" class="re" target="_blank">The Indian Express, 28 December, 2020, https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/</a><div class="clear"></div>
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Home हिन्दी

A brief history of the Indian economy in 2020 -Udit Misra

Published on Dec 28, 2020   Modified on Dec 28, 2020

-The Indian Express India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here's how it all unfolded. Dear Readers, Right through the year, at ExplainSpeaking, we have strived to make sense of the most important developments in the Indian economy. As the year ends, here are the highlights from 2020 and five things to watch out for in 2021. The calendar year 2020 started on a rather weak note as India’s GDP growth rate hit a six-year low in 2019 and then progressively decelerated further. Here’s a piece that incorporates the findings of former Chief Economic Advisor Arvind Subramanian to explain how and why the Indian economy was losing its growth momentum. Since the Union Budget is now presented on February 1st, much of January’s focus was on understanding the Budget-making exercise. Providing a context was this piece on why the poor in India remain poor. According to the World Economic Forum’s Global Social Mobility report, in India, it would take 7 generations for a member of a poor family to achieve average income; in Denmark, it would take just 2 generations to do so. A key concern leading up to the Budget for 2020-21 was the falling credibility of Budget numbers. With Covid-19 playing havoc with the economy even before the start of the new financial year, this problem is likely to sustain. Another key concern in the Budget — and this, too, is likely to be a concern in the forthcoming Budget of 2021-22 — was the adherence to fiscal rectitude. But the ugly truth about India’s adherence to the FRBM Act is that — thanks to Indian policymakers ignoring the key metric of revenue deficit — fiscal consolidation now actually hurts India’s economic growth. Please click here to read more.

The Indian Express, 28 December, 2020, https://indianexpress.com/article/explained/explainspeaking-a-brief-history-of-the-indian-economy-in-2020-7122766/

Tagged with: Economic Slowdown FRBM Act Fiscal Deficit Technical Recession Atmanirbhar Bharat Abhiyan MSME Micro Small and Medium Enterprises Citizenship Amendment Act National Register of Citizens Insolvency and Bankruptcy Code

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