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\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
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        LATEST NEWS UPDATES | Getting the economy to turn around -Ajay Shankar    </title>
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-The Hindu Business Line

Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help

The slowdown in the Indian economy is far steeper than what most observers had expected. The government has..."/>
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-The Hindu Business Line

Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help

The slowdown in the Indian economy is far steeper than what most observers had expected. The government has..." />
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help<br /></em><br />The slowdown in the Indian economy is far steeper than what most observers had expected. The government has announced a set of measures for revival. It has also indicated that more are in the pipeline. For this to have become necessary within weeks of the presentation of the Budget is not normal.<br /><br />The measures announced, including the immediate provision of ?70,000 crore to public sector banks, should inject enough liquidity into the system to make credit readily available through banks and NBFCs and at lower interest rates. This was essential and overdue.<br /><br />Ready availability of credit at reasonable real interest rates is a prerequisite for a turnaround. While this is a necessary condition for restoring the growth momentum in the economy, it is not a sufficient condition.<br /><br />Please <a href="https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true" title="https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 9 September, 2019, https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true</a><div class="clear"></div>
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Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help

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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help<br /></em><br />The slowdown in the Indian economy is far steeper than what most observers had expected. The government has announced a set of measures for revival. It has also indicated that more are in the pipeline. For this to have become necessary within weeks of the presentation of the Budget is not normal.<br /><br />The measures announced, including the immediate provision of ?70,000 crore to public sector banks, should inject enough liquidity into the system to make credit readily available through banks and NBFCs and at lower interest rates. This was essential and overdue.<br /><br />Ready availability of credit at reasonable real interest rates is a prerequisite for a turnaround. While this is a necessary condition for restoring the growth momentum in the economy, it is not a sufficient condition.<br /><br />Please <a href="https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true" title="https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help

The slowdown in the Indian economy is far steeper than what most observers had expected. The government has..."/>
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help<br /></em><br />The slowdown in the Indian economy is far steeper than what most observers had expected. The government has announced a set of measures for revival. It has also indicated that more are in the pipeline. For this to have become necessary within weeks of the presentation of the Budget is not normal.<br /><br />The measures announced, including the immediate provision of ?70,000 crore to public sector banks, should inject enough liquidity into the system to make credit readily available through banks and NBFCs and at lower interest rates. This was essential and overdue.<br /><br />Ready availability of credit at reasonable real interest rates is a prerequisite for a turnaround. While this is a necessary condition for restoring the growth momentum in the economy, it is not a sufficient condition.<br /><br />Please <a href="https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true" title="https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 9 September, 2019, https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true</a><div class="clear"></div>
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Getting the economy to turn around -Ajay Shankar

Published on Sep 10, 2019   Modified on Sep 10, 2019

-The Hindu Business Line Lowering the exchange rate to boost exports, a grant-based stimulus for auto sector and reviving stalled power projects will help The slowdown in the Indian economy is far steeper than what most observers had expected. The government has announced a set of measures for revival. It has also indicated that more are in the pipeline. For this to have become necessary within weeks of the presentation of the Budget is not normal. The measures announced, including the immediate provision of ?70,000 crore to public sector banks, should inject enough liquidity into the system to make credit readily available through banks and NBFCs and at lower interest rates. This was essential and overdue. Ready availability of credit at reasonable real interest rates is a prerequisite for a turnaround. While this is a necessary condition for restoring the growth momentum in the economy, it is not a sufficient condition. Please click here to read more.

The Hindu Business Line, 9 September, 2019, https://www.thehindubusinessline.com/opinion/getting-the-economy-to-turn-around/article29375889.ece?homepage=true

Tagged with: Energy Consumption Non-Banking Financial Companies NBFCs Economic Downturn Economic Slowdown Economic Growth

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