-Livemint.com/ PTI Icra expects the headline CPI inflation to decline to 4.6% in FY2022 from 6.4% in FY2021, while exceeding the mid-point of the Monetary Policy Committee's medium target of 4%, for the third consecutive year MUMBAI: Domestic rating agency Icra Ratings on Monday said it expects the country's real Gross Domestic Product (GDP) to grow by 10.1% in FY2022. It, however, said the value of GDP in the next financial year will...
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Seven key takeaways from India’s latest GDP data -Udit Misra
-The Indian Express India’s GDP 2020-21: This year, India’s per capita GDP, per capita private consumption and the level of investments in the economy — all will fall to levels last seen in 2016-17 or earlier, reveals latest official GDP data. On Thursday, the Ministry of Statistics and Programme Implementation released the First Advance Estimates (FAE) for the current financial year. According to MoSPI, India’s Gross Domestic Product (GDP) — the total...
More »Is contract farming in India really worth it? -Mahesh Pandya and Falguni Joshi
-Down to Earth It is a novel idea; but in a country where the ruling class openly favours corporates, it could prove disastrous for farmers India’s agriculture sector makes a significant contribution to its Gross Domestic Product and provides livelihood for many millions of people. Agriculture is not only a means of trade and a source of livelihood, but is fundamentally associated with our culture. Today though, farmers are distancing themselves from farming...
More »By amending Model Mandi Act, MP has pushed its agricultural sector into throes of uncertainty -Sunit Arora
-The Indian Express The state has posted high growth rates in the agricultural sector in recent years, but the growth has been skewed in favour of the state's irrigated parts and a small number of crops. Madhya Pradesh is primarily an agricultural state. One third of its gross state domestic product comes from this sector, half of the state’s area is used for cultivation, and 70 per cent of the total workers...
More »The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
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