-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the Economy.rsquo;s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the Economy.is...
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Pronab Sen, director IGC India, interviewed by Asit Ranjan Mishra (Livemint.com)
-Livemint.com Pronab Sen, director IGC India, speaks about the state of the Economy. the challenge before the 15th Finance Commission and the controversy surrounding India’s statistical system NEW DELHI: Pronab Sen, country director of the International Growth Centre (IGC), had a long and distinguished career in the government as the principal adviser in the Planning Commission, the first chief statistician of India as well as the chairman of the National Statistical Commission....
More »Economic growth slowest in 26 quarters -R Suryamurthy
-The Telegraph An over six-year low of 4.5 per cent The Narendra Modi government’s bluster on the state of the Indian Economy.was bottled on Friday after the National Statistical Office (NSO) came out with data that showed growth in the second quarter had sunk to an over six-year low of 4.5 per cent — the slowest expansion in 26 quarters. The sharp slowdown was triggered by a contraction in the manufacturing sector...
More »India's GDP growth slips to 4.5%, slowest in more than six years
-The Indian Express The GDP growth rate has now slowed for the sixth consecutive quarter with the previous low recorded at 4.3 per cent in March 2013. Owing to a deceleration in manufacturing output and subdued farm sector activity, India’s GDP growth slipped to a 26-quarter low of 4.5 per cent in the second quarter (July-September) of the current fiscal, data released by National Statistical Office (NSO) Friday showed. The GDP...
More »GDP makes it official: India's Economy.is on a graveyard spiral -Sunitha Natti
-The New Indian Express The latest growth print also implies that restoring both India's fastest growing Economy.tag and the ballyhooed USD 5-trillion target will be further delayed It's official. India's Economy.has been reduced from flesh to bone with September quarter GDP growth crashing to a 26-quarter-low of 4.5 per cent. Just a quarter before, it grew at 5 per cent, which now appears respectable than the latest print. The Central Statistics Office's...
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