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
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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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        LATEST NEWS UPDATES | Slower growth and a tighter fiscal -C Rangarajan and DK Srivastava    </title>
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India slid into the pandemic crisis in the backdrop of economic downslide; fiscal stimulus has to be structured

The impact of COVID-19 will be debilitating for the global as well as the Indian economies. Various institutions have assessed India&rsquo;s growth..."/>
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India slid into the pandemic crisis in the backdrop of economic downslide; fiscal stimulus has to be structured

The impact of COVID-19 will be debilitating for the global as well as the Indian economies. Various institutions have assessed India&rsquo;s growth..." />
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>India slid into the pandemic crisis in the backdrop of economic downslide; fiscal stimulus has to be structured</em></p><p style="text-align:justify">The impact of COVID-19 will be debilitating for the global as well as the Indian economies. Various institutions have assessed India&rsquo;s growth prospects for 2020-21 ranging from 0.8% (Fitch) to 4.0% (Asian Development Bank). This wide range indicates the extent of uncertainty and tentative nature of these forecasts. The International Monetary Fund (IMF) has projected India&rsquo;s growth at 1.9%, China&rsquo;s at 1.2%, and the global growth at (-) 3.0%. The actual growth outcome for India would depend on: the speed at which the economy is opened up; the time it takes to contain the spread of virus, and, the government&rsquo;s policy support.</p><p style="text-align:justify"><em>Growth prospects</em></p><p style="text-align:justify">India slid into the novel coronavirus crisis on the back of a persistent economic downslide. There was a sustained fall in the saving and investment rates with unutilised capacity in the industrial sector. In 2019-20, there was a contraction in the Centre&rsquo;s gross tax revenues in the first 11 months during April 2019 to February 2020, at (-) 0.8%. These trends continue to beset the Indian economy in this crisis.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece" title="https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece" class="re" target="_blank">The Indian Express, 9 May, 2020, https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece</a><div class="clear"></div>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>India slid into the pandemic crisis in the backdrop of economic downslide; fiscal stimulus has to be structured</em></p><p style="text-align:justify">The impact of COVID-19 will be debilitating for the global as well as the Indian economies. Various institutions have assessed India&rsquo;s growth prospects for 2020-21 ranging from 0.8% (Fitch) to 4.0% (Asian Development Bank). This wide range indicates the extent of uncertainty and tentative nature of these forecasts. The International Monetary Fund (IMF) has projected India&rsquo;s growth at 1.9%, China&rsquo;s at 1.2%, and the global growth at (-) 3.0%. The actual growth outcome for India would depend on: the speed at which the economy is opened up; the time it takes to contain the spread of virus, and, the government&rsquo;s policy support.</p><p style="text-align:justify"><em>Growth prospects</em></p><p style="text-align:justify">India slid into the novel coronavirus crisis on the back of a persistent economic downslide. There was a sustained fall in the saving and investment rates with unutilised capacity in the industrial sector. In 2019-20, there was a contraction in the Centre&rsquo;s gross tax revenues in the first 11 months during April 2019 to February 2020, at (-) 0.8%. These trends continue to beset the Indian economy in this crisis.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece" title="https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece" class="re" target="_blank">The Indian Express, 9 May, 2020, https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece</a><div class="clear"></div>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>India slid into the pandemic crisis in the backdrop of economic downslide; fiscal stimulus has to be structured</em></p><p style="text-align:justify">The impact of COVID-19 will be debilitating for the global as well as the Indian economies. Various institutions have assessed India&rsquo;s growth prospects for 2020-21 ranging from 0.8% (Fitch) to 4.0% (Asian Development Bank). This wide range indicates the extent of uncertainty and tentative nature of these forecasts. The International Monetary Fund (IMF) has projected India&rsquo;s growth at 1.9%, China&rsquo;s at 1.2%, and the global growth at (-) 3.0%. The actual growth outcome for India would depend on: the speed at which the economy is opened up; the time it takes to contain the spread of virus, and, the government&rsquo;s policy support.</p><p style="text-align:justify"><em>Growth prospects</em></p><p style="text-align:justify">India slid into the novel coronavirus crisis on the back of a persistent economic downslide. There was a sustained fall in the saving and investment rates with unutilised capacity in the industrial sector. In 2019-20, there was a contraction in the Centre&rsquo;s gross tax revenues in the first 11 months during April 2019 to February 2020, at (-) 0.8%. These trends continue to beset the Indian economy in this crisis.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece" title="https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece" class="re" target="_blank">The Indian Express, 9 May, 2020, https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece</a><div class="clear"></div>
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Home हिन्दी

Slower growth and a tighter fiscal -C Rangarajan and DK Srivastava

Published on May 9, 2020   Modified on May 9, 2020

-The Hindu India slid into the pandemic crisis in the backdrop of economic downslide; fiscal stimulus has to be structured The impact of COVID-19 will be debilitating for the global as well as the Indian economies. Various institutions have assessed India’s growth prospects for 2020-21 ranging from 0.8% (Fitch) to 4.0% (Asian Development Bank). This wide range indicates the extent of uncertainty and tentative nature of these forecasts. The International Monetary Fund (IMF) has projected India’s growth at 1.9%, China’s at 1.2%, and the global growth at (-) 3.0%. The actual growth outcome for India would depend on: the speed at which the economy is opened up; the time it takes to contain the spread of virus, and, the government’s policy support. Growth prospects India slid into the novel coronavirus crisis on the back of a persistent economic downslide. There was a sustained fall in the saving and investment rates with unutilised capacity in the industrial sector. In 2019-20, there was a contraction in the Centre’s gross tax revenues in the first 11 months during April 2019 to February 2020, at (-) 0.8%. These trends continue to beset the Indian economy in this crisis. Please click here to read more.

The Indian Express, 9 May, 2020, https://www.thehindu.com/opinion/lead/slower-growth-and-a-tighter-fiscal/article31538125.ece

Tagged with: Economic Growth GDP Growth Fiscal Deficit Tax Revenue Tax Collection Gross Value Added Covid-19 Coronavirus

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