-Newsclick.in The yawning merchandise trade deficit is occurring not because of any economic boom but in the midst of creeping industrial stagnation. India’s current account deficit for the second quarter (July-September) of 2022-23 has reached a massive $36.4 billion, which is 4.4% of the gross domestic product, higher than at any time in the last nine years. It is only in October-December 2012 that the absolute level of the current account deficit...
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The importance of affordable healthcare for all and other key lessons from the pandemic -Chapal Mehra & Lancelot Pinto
-Scroll.in It is important to learn from the Covid-19 crisis and transform policies and systems. Or we are destined to repeat our mistakes? Humans tend to limit memories of horrors faced in the past as a coping mechanism. In our hurry to return to normalcy, as the world and India learns to live with Covid-19, we should not forget the lessons this crisis taught us. The most important of these is the...
More »Farming isn't doing as well as our GDP data suggests -Himanshu
-Livemint.com Clearly, there is much more to GDP data than aggregate estimates. The National Statistical Office (NSO) released estimates of gross domestic product (GDP) for the second quarter of this fiscal year on 30 November. Based on these, India’s GDP in the July-September quarter increased by 6.3% compared to last year, whereas the gross value added (GVA) during the same period increased by 5.6%; the manufacturing sector witnessed a contraction of 4.3%....
More »India's Economy Grows 6.3% In September Quarter
-PTI/ NDTV.com The gross domestic product (GDP) had expanded by 8.4 per cent in the July-September quarter of 2021-22, according to data released by the National Statistical Office (NSO). New Delhi: India's economy grew 6.3 per cent in the July-September quarter, down from 13.5 per cent in the previous quarter, according to the official data released today. The gross domestic product (GDP) had expanded by 8.4 per cent in the July-September quarter of...
More »Indian cities need $840 bn infra investment till 2036: World Bank
-Livemint.com By 2036, 600 million people will be living in urban cities in India, representing 40% of the population and this is likely to put additional pressure on the already stretched urban infrastructure and services of Indian cities, New Delhi: Indian cities will require an investment of $840 billion in the areas of infrastructure and municipal services till 2036 to meet the needs of its fast-growing urban population, said a report by...
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