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
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
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Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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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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                            <div align="justify">-BusinessToday.in<br /><br /><em>According to former RBI Governor Raghuram Rajan, the slowdown in the economy &quot;very worrisome&quot;, and he called for pressing reforms to boost the economy and energise the private sector to invest as well as a fresh look at the way GDP is being calculated<br /></em><br />Former RBI Governor Raghuram Rajan has said the economic slowdown in India is &quot;very worrisome&quot; and has called for a fresh look at the way GDP is being calculated.<br /><br />&quot;There are a variety of growth projections from the private sector analysts, many of which are perhaps significantly below government projections and I think certainly the slowdown in the economy is something that is very worrisome,&quot; Rajan told CNBC TV18. The Monetary Policy Committee recently lowered its growth forecast for FY20 to 6.9 per cent from 7 per cent in the June policy.<br /><br />Rajan also drew attention to former chief economic advisor Arvind Subramanian's research paper published at Harvard University that claimed that India's GDP growth figure was overstated by about 2.5 percentage points per year in the post-2011 period.<br /><br />In other words, the actual growth rate is likely to have been a very tepid 3.5-5.5 per cent against a reported average growth of 6.9 per cent between 2011 and 2016. &quot;We need a fresh look from an independent group of experts at the way we compute GDP and make sure that we are not in a sense having GDP numbers that mislead and cause the wrong kinds of policy actions,&quot; Rajan said.<br /><br />Please <a href="https://www.businesstoday.in/current/economy-politics/raghuram-rajan-issues-warning-alert-for-modi-govt-on-economy/story/373861.html?fbclid=IwAR0qCujbG9W-aeGQhl6rpskolnGmO_UyLqj6-uB2xrZMlddwyPUWsWDhI3M" title="https://www.businesstoday.in/current/economy-politics/raghuram-rajan-issues-warning-alert-for-modi-govt-on-economy/story/373861.html?fbclid=IwAR0qCujbG9W-aeGQhl6rpskolnGmO_UyLqj6-uB2xrZMlddwyPUWsWDhI3M">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-BusinessToday.in<br /><br /><em>According to former RBI Governor Raghuram Rajan, the slowdown in the economy &quot;very worrisome&quot;, and he called for pressing reforms to boost the economy and energise the private sector to invest as well as a fresh look at the way GDP is being calculated<br /></em><br />Former RBI Governor Raghuram Rajan has said the economic slowdown in India is &quot;very worrisome&quot; and has called for a fresh look at the way GDP is being calculated.<br /><br />&quot;There are a variety of growth projections from the private sector analysts, many of which are perhaps significantly below government projections and I think certainly the slowdown in the economy is something that is very worrisome,&quot; Rajan told CNBC TV18. The Monetary Policy Committee recently lowered its growth forecast for FY20 to 6.9 per cent from 7 per cent in the June policy.<br /><br />Rajan also drew attention to former chief economic advisor Arvind Subramanian's research paper published at Harvard University that claimed that India's GDP growth figure was overstated by about 2.5 percentage points per year in the post-2011 period.<br /><br />In other words, the actual growth rate is likely to have been a very tepid 3.5-5.5 per cent against a reported average growth of 6.9 per cent between 2011 and 2016. &quot;We need a fresh look from an independent group of experts at the way we compute GDP and make sure that we are not in a sense having GDP numbers that mislead and cause the wrong kinds of policy actions,&quot; Rajan said.<br /><br />Please <a href="https://www.businesstoday.in/current/economy-politics/raghuram-rajan-issues-warning-alert-for-modi-govt-on-economy/story/373861.html?fbclid=IwAR0qCujbG9W-aeGQhl6rpskolnGmO_UyLqj6-uB2xrZMlddwyPUWsWDhI3M" title="https://www.businesstoday.in/current/economy-politics/raghuram-rajan-issues-warning-alert-for-modi-govt-on-economy/story/373861.html?fbclid=IwAR0qCujbG9W-aeGQhl6rpskolnGmO_UyLqj6-uB2xrZMlddwyPUWsWDhI3M">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-BusinessToday.in<br /><br /><em>According to former RBI Governor Raghuram Rajan, the slowdown in the economy &quot;very worrisome&quot;, and he called for pressing reforms to boost the economy and energise the private sector to invest as well as a fresh look at the way GDP is being calculated<br /></em><br />Former RBI Governor Raghuram Rajan has said the economic slowdown in India is &quot;very worrisome&quot; and has called for a fresh look at the way GDP is being calculated.<br /><br />&quot;There are a variety of growth projections from the private sector analysts, many of which are perhaps significantly below government projections and I think certainly the slowdown in the economy is something that is very worrisome,&quot; Rajan told CNBC TV18. The Monetary Policy Committee recently lowered its growth forecast for FY20 to 6.9 per cent from 7 per cent in the June policy.<br /><br />Rajan also drew attention to former chief economic advisor Arvind Subramanian's research paper published at Harvard University that claimed that India's GDP growth figure was overstated by about 2.5 percentage points per year in the post-2011 period.<br /><br />In other words, the actual growth rate is likely to have been a very tepid 3.5-5.5 per cent against a reported average growth of 6.9 per cent between 2011 and 2016. &quot;We need a fresh look from an independent group of experts at the way we compute GDP and make sure that we are not in a sense having GDP numbers that mislead and cause the wrong kinds of policy actions,&quot; Rajan said.<br /><br />Please <a href="https://www.businesstoday.in/current/economy-politics/raghuram-rajan-issues-warning-alert-for-modi-govt-on-economy/story/373861.html?fbclid=IwAR0qCujbG9W-aeGQhl6rpskolnGmO_UyLqj6-uB2xrZMlddwyPUWsWDhI3M" title="https://www.businesstoday.in/current/economy-politics/raghuram-rajan-issues-warning-alert-for-modi-govt-on-economy/story/373861.html?fbclid=IwAR0qCujbG9W-aeGQhl6rpskolnGmO_UyLqj6-uB2xrZMlddwyPUWsWDhI3M">click here</a> to read more. <br /></div>                                                           
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Raghuram Rajan issues warning alert for Modi govt on economy

Published on Aug 22, 2019   Modified on Aug 22, 2019

-BusinessToday.in According to former RBI Governor Raghuram Rajan, the slowdown in the economy "very worrisome", and he called for pressing reforms to boost the economy and energise the private sector to invest as well as a fresh look at the way GDP is being calculated Former RBI Governor Raghuram Rajan has said the economic slowdown in India is "very worrisome" and has called for a fresh look at the way GDP is being calculated. "There are a variety of growth projections from the private sector analysts, many of which are perhaps significantly below government projections and I think certainly the slowdown in the economy is something that is very worrisome," Rajan told CNBC TV18. The Monetary Policy Committee recently lowered its growth forecast for FY20 to 6.9 per cent from 7 per cent in the June policy. Rajan also drew attention to former chief economic advisor Arvind Subramanian's research paper published at Harvard University that claimed that India's GDP growth figure was overstated by about 2.5 percentage points per year in the post-2011 period. In other words, the actual growth rate is likely to have been a very tepid 3.5-5.5 per cent against a reported average growth of 6.9 per cent between 2011 and 2016. "We need a fresh look from an independent group of experts at the way we compute GDP and make sure that we are not in a sense having GDP numbers that mislead and cause the wrong kinds of policy actions," Rajan said. Please click here to read more.

BusinessToday.in, 20 August, 2019, https://www.businesstoday.in/current/economy-politics/raghuram-rajan-issues-warning-alert-for-modi-govt-on-economy/story/373861.html?fbclid=IwAR0qCujbG9W-aeGQhl6rpsk

Tagged with: raghuram rajan Economic Slowdown Economic Growth Economic Recession

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