GDP measures the monetary value of all goods and services produced within the domestic boundaries of a country within a timeframe (generally, a year). It is slightly different from the other commonly used statistic for national income — the GNP.
Anjali Bharadwaj of the National Campaign for People’s Right to Information said this shows the “total lack of political will to open the Electoral Bond Scheme to public scrutiny and subject it to a robust process of deliberation”.
India's central bank has been cutting interest rates all year long in order to address the growth slowdown but with the latest retail inflation breaching RBI’s target level, the RBI might be forced to reconsider.
A negative interest means the instead of the bank paying you money to keep in the savings account, you pay the bank to do so. It also means that anyone can borrow money from the bank and pay back less than what they borrowed.
By youth, the study refers to people in the age group of 15 to 29 years of age. The total number of unemployed youth went up marginally from 8.9 million in 2004-05 to 9 million in 2011-12 but, has since shot up to 25.1 million in 2017-18.
A new study uses NSSO data to show that between 2004 and 2017, employment grew at less than half the rate of population growth; number of women and young people in jobs fell; rural employment stagnated.
Pork output, which has fallen sharply in the past 6 months, contributes 1% of China's GDP -- from an Indian perspective, in absolute numbers, that's roughly 70% of what the construction sector contributed to India's GDP.
The study looks at employment data from three comparable surveys of the National Sample Survey Organisation (NSSO): The Employment-Unemployment Surveys of 2004-05 and 2011-12 and the Period Labour Force Survey of 2017-18.