-TheWire.in However, some experts have pointed out that a 60% rise might be an overestimate – because currently, the demand comes from only very few states. But it will increase only if the demand rises in more states. Kochi: India’s residential rooftop solar capacity could increase by approximately 60% by the end of financial year 2022-23 as compared to the last fiscal, according to a report by the Institute for Energy Economics...
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World Bank cuts India’s GDP forecast to 6.5%, but there's some positive news too -Harshit Sabarwal
-Hindustan Times In its South Asia Economic Focus report released on Thursday, the World Bank said, “The spillovers from the Russia-Ukraine war and global monetary policy tightening will continue to weigh on India’s economic outlook.” The World Bank on Thursday downgraded India's GDP or gross domestic product to 6.5% for the fiscal year 2022-23 from an earlier estimate of 7.5%. In the previous year, the Indian economy grew by 8.7%. In its South...
More »Three charts which explain the state of the Indian economy -Roshan Kishore
-Hindustan Times Are the June 2022 GDP numbers good or bad? What do they mean for economic growth over the rest of the fiscal year? What is the current state of economic momentum in the Indian economy? What about the nature of economic recovery? The Indian economy grew at 13.5% on a year-on-year basis in the quarter ending June 2022. While the headline number looks good, and is the fastest rate since...
More »Are we choosing the right solutions for reducing GHG emissions from the transport sector?
The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
More »Binary equation -Renu Kohli
-The Telegraph Can stability be achieved by sacrificing growth? Has the macroeconomic configuration turned binary? With inflation occupying centre stage, the choice seems fast splitting between stability and growth. Can the former be secured without compromising the latter? That’s the worry with policies swinging to address price, exchange rate and external stability. This is not to say that growth has receded to secondary position. But as interest rates harden and Fiscal policy...
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