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
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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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\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
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
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
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
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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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Lender sees &lsquo;considerable downside risk&rsquo; from latest COVID wave, says may revise forecast in July

The Asian Development Bank has raised its forecast for India&rsquo;s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to..."/>
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Lender sees &lsquo;considerable downside risk&rsquo; from latest COVID wave, says may revise forecast in July

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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Lender sees &lsquo;considerable downside risk&rsquo; from latest COVID wave, says may revise forecast in July</em></p><p style="text-align:justify">The Asian Development Bank has raised its forecast for India&rsquo;s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April&rsquo;s exponential jump poses a &ldquo;considerable downside risk to the recovery&rdquo;.</p><p style="text-align:justify"><em>&lsquo;Targeted containment&rsquo;</em></p><p style="text-align:justify">In its assessment based on end-March data, the ADB cited this year&rsquo;s &lsquo;more targeted&rsquo; containment measures compared with last year&rsquo;s &lsquo;large-scale&rsquo; national lockdown and said these would prove &lsquo;less costly&rsquo; to the economy, which had seen a strong rebound in recent months&rsquo; economic indicators after last year&rsquo;s &lsquo;big recession&rsquo;.</p><p style="text-align:justify">&ldquo;A stimulus-fuelled surge in the U.S., India&rsquo;s largest export market, will support the revival, but a severe second COVID-19 wave is threatening the recovery,&rdquo; the lender said in its Asian Development Outlook report, projecting growth to moderate to 7% in 2022-23, after a 11% expansion this year. Government capex and accommodative financial policies, along with the vaccine roll-out programme this year, would also help, it added.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Industry/adb-sees-india-grow-by-11-adds-caveat/article34425353.ece?homepage=true" title="https://www.thehindu.com/business/Industry/adb-sees-india-grow-by-11-adds-caveat/article34425353.ece?homepage=true">click here</a> to read more.</p>                                                           
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Lender sees &lsquo;considerable downside risk&rsquo; from latest COVID wave, says may revise forecast in July</em></p><p style="text-align:justify">The Asian Development Bank has raised its forecast for India&rsquo;s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April&rsquo;s exponential jump poses a &ldquo;considerable downside risk to the recovery&rdquo;.</p><p style="text-align:justify"><em>&lsquo;Targeted containment&rsquo;</em></p><p style="text-align:justify">In its assessment based on end-March data, the ADB cited this year&rsquo;s &lsquo;more targeted&rsquo; containment measures compared with last year&rsquo;s &lsquo;large-scale&rsquo; national lockdown and said these would prove &lsquo;less costly&rsquo; to the economy, which had seen a strong rebound in recent months&rsquo; economic indicators after last year&rsquo;s &lsquo;big recession&rsquo;.</p><p style="text-align:justify">&ldquo;A stimulus-fuelled surge in the U.S., India&rsquo;s largest export market, will support the revival, but a severe second COVID-19 wave is threatening the recovery,&rdquo; the lender said in its Asian Development Outlook report, projecting growth to moderate to 7% in 2022-23, after a 11% expansion this year. Government capex and accommodative financial policies, along with the vaccine roll-out programme this year, would also help, it added.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Industry/adb-sees-india-grow-by-11-adds-caveat/article34425353.ece?homepage=true" title="https://www.thehindu.com/business/Industry/adb-sees-india-grow-by-11-adds-caveat/article34425353.ece?homepage=true">click here</a> to read more.</p>                                                           
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Lender sees &lsquo;considerable downside risk&rsquo; from latest COVID wave, says may revise forecast in July

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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Lender sees &lsquo;considerable downside risk&rsquo; from latest COVID wave, says may revise forecast in July</em></p><p style="text-align:justify">The Asian Development Bank has raised its forecast for India&rsquo;s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April&rsquo;s exponential jump poses a &ldquo;considerable downside risk to the recovery&rdquo;.</p><p style="text-align:justify"><em>&lsquo;Targeted containment&rsquo;</em></p><p style="text-align:justify">In its assessment based on end-March data, the ADB cited this year&rsquo;s &lsquo;more targeted&rsquo; containment measures compared with last year&rsquo;s &lsquo;large-scale&rsquo; national lockdown and said these would prove &lsquo;less costly&rsquo; to the economy, which had seen a strong rebound in recent months&rsquo; economic indicators after last year&rsquo;s &lsquo;big recession&rsquo;.</p><p style="text-align:justify">&ldquo;A stimulus-fuelled surge in the U.S., India&rsquo;s largest export market, will support the revival, but a severe second COVID-19 wave is threatening the recovery,&rdquo; the lender said in its Asian Development Outlook report, projecting growth to moderate to 7% in 2022-23, after a 11% expansion this year. Government capex and accommodative financial policies, along with the vaccine roll-out programme this year, would also help, it added.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Industry/adb-sees-india-grow-by-11-adds-caveat/article34425353.ece?homepage=true" title="https://www.thehindu.com/business/Industry/adb-sees-india-grow-by-11-adds-caveat/article34425353.ece?homepage=true">click here</a> to read more.</p>                                                           
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Home हिन्दी

ADB sees India grow by 11%, adds caveat

Published on Apr 28, 2021   Modified on Apr 28, 2021

-The Hindu Lender sees ‘considerable downside risk’ from latest COVID wave, says may revise forecast in July The Asian Development Bank has raised its forecast for India’s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April’s exponential jump poses a “considerable downside risk to the recovery”. ‘Targeted containment’ In its assessment based on end-March data, the ADB cited this year’s ‘more targeted’ containment measures compared with last year’s ‘large-scale’ national lockdown and said these would prove ‘less costly’ to the economy, which had seen a strong rebound in recent months’ economic indicators after last year’s ‘big recession’. “A stimulus-fuelled surge in the U.S., India’s largest export market, will support the revival, but a severe second COVID-19 wave is threatening the recovery,” the lender said in its Asian Development Outlook report, projecting growth to moderate to 7% in 2022-23, after a 11% expansion this year. Government capex and accommodative financial policies, along with the vaccine roll-out programme this year, would also help, it added. Please click here to read more.

The Hindu, 28 April, 2021, https://www.thehindu.com/business/Industry/adb-sees-india-grow-by-11-adds-caveat/article34425353.ece?homepage=true

Tagged with: Asian Dvelopment Bank ADB Economic Growth GDP Growth Covid-19 Coronavirus

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