Gita Gopinath also pitched for India’s rating upgrade and underlined the need for fiscal prudence.
2016 will be a watershed year as Indian economy will start outpacing China.
Even in last fiscal average interest offered by banks on term deposits lagged CPI inflation.
The Budget holds a few big-ticket moves as well and I am confident there will be more as the government finds its footing.
Budget will articulate government’s worldview, priorities, five-year agenda.
Various reports and assessments made over the years estimate the black money amount at 20% or even at 100% of the GDP.
Healing the sugar sector and curbing inflation need brave reform.
LEI for India has successfully signalled turning points in the economic cycles of India.
India could witness a very strong cyclical recovery, according to a Singapore-based portfolio manager.
Referring to high food inflation, President says said new govt will give ‘top most priority’ to contain it.
When food prices are driving inflation, an investment fillip is the answer.
FinMin is left with few sources of revenue generation to support spending expansion.
Per capita income has risen only 2.7% in FY14 to R 39,904; investment level down 28.3% of GDP.
The presentations lasted for a little more than an hour with the meeting being attended by all secretaries, economic advisors, and joint secretaries.
MSME growth is the answer to the job crunch. But the sector needs a nudge