During April-September, the GDP growth was recorded at 7.6 per cent. With GDP growth estimated to be 7.2 per cent for the full year, the GDP growth will work out to be 6.8 per cent for second half of this financial year.
The NITI Aayog’s like the old Planning Commission is a political one. It is supposed to be an extension of the Prime Minister's Office and the moment the NITI Aayog comes into the picture, it tends to give a political colour.
Ramesh Abhishek, Secretary, Department of Industrial Policy and Promotion (DIPP), said that India would like to move to top of ease of doing business (EODB) rankings and the full impact of GST and other reforms would be felt next year.
In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.
Former governor of Reserve Bank of India Bimal Jalan talks about how he addressed the issues of transparency and accountability in financial transactions and governance in his new book, India Ahead: 2025 and Beyond.
New Delhi, Feb 12 (ANI): As the Bombay Stock Exchange (BSE) Sensex plunged around 800 point on Thursday, Finance Minister Arun Jaitley on Friday came out to calm the investors, saying that there was no need for an 'exaggerated panic' among investors. Jaitley emphasised that the investors should keep in mind the inherent strength of the Indian economy while investing. He added that the Government is fully committed to empower and support public sector banks by providing whatever capital requirements is required, adding that the problem of recovering bad loans from the borrowers will soon be ended.