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Eco Survey 2018: FY19 GDP growth seen at 7-7.5% Surabhi

-The Hindu Business Line The Survey has said that India can be rated as among the best performing economies in the world The Economic Survey 2018 has pegged FY19 GDP growth at 7-7.5%.  The Finance Minister Arun Jaitley on Monday tabled the Economic Survey 2017-18 in the lower house.  The Survey has said that India can be rated as among the best performing economies in the world as the average growth during...

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Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University, interviewed by Mohit M Rao (The Hindu)

-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...

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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)

-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...

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Union Budget to tackle rural distress, job creation, investments -Gireesh Chandra Prasad

-Livemint.com Immediate challenges to economy top talks between Prime Minister Narendra Modi, senior ministers and economists, sector experts from across India New Delhi: The government on Wednesday signalled that the Union budget for 2018-19 would include solutions for vexed problems such as rural distress, weak employment and revival of private investments. These immediate challenges to the economy topped the extensive discussion that Prime Minister Narendra Modi and senior cabinet colleagues had on Wednesday...

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Iron, steel cos' GNPA for PSBs in basic metals 24%: Govt

-PTI The Indian steel industry contributes approximately 2 per cent to the country's GDP New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for Public Sector Banks (PSBs), according to the Ministry of Steel. "The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017...

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