GDP News
Madan Sabnavis: Can India’s economy count on manufacturing as an engine of growth?
As a look at macro data over the period from 2013-14 to 2023-24 shows, the factory sector’s contribution has flagged—despite supply-side policy support. It’s market demand that needs to be driven up.
4 min read19 Mar 2025Chhattisgarh aims to double state GDP to ₹10 lakh cr in 5 yrs
Chhattisgarh aims to double state GDP to ₹10 lakh cr in 5 yrs
6 min read16 Mar 2025A new hope for Europe’s ailing economies: the military
Economists say the region’s planned defense buildup may be exactly what its economy needs, despite some sizable hurdles.
5 min read14 Mar 2025India to become world’s third-largest economy by 2028, GDP growth projected to hit $5.7 trillion: Morgan Stanley
India’s economy is projected to expand to $4.7 trillion in 2026, making it the fourth largest in the world behind the US, China, and Germany. Morgan Stanley estimates India will overtake Germany with a growth expansion of $5.7 trillion in 2028.
3 min read13 Mar 2025India’s GDP growth revisions shouldn’t raise eyebrows: They’re routine
Given the data these numbers depend on, annual output calculations take time. We should, however, aim to refine data collection further, incorporate other data sources (like GST) and accelerate statistical releases.
3 min read12 Mar 2025India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s
India’s GDP growth of over 6.5 per cent will be fulled by higher government capex and increased consumption. Moody’s also projected a stable outlook for the banking sector.
2 min read12 Mar 2025Gross domestic product: Grossly inadequate as a measure of well-being
GDP is a construct that tells us far less about progress than the hoopla around it would suggest. India’s statistical system would fill a big void if it creates a truly useful measure of well-being.
4 min read9 Mar 2025India’s Top Banker Must Ease Credit, But Not Too Much
The new central bank chief is right to take his foot off the brake. Hitting the gas will be risky, though.
4 min read7 Mar 2025GDP revision gives govt extra fiscal headroom for FY25 accounts; second supplementary demands next week
The slight upward revision in the economic growth rate projection – from 9.7% in January to 9.9% in February – allows the government to have a slightly larger fiscal deficit in absolute terms without breaching the target of 4.8% of nominal GDP set for the current financial year.
3 min read6 Mar 2025The state of India’s economy is not as bright as GDP data may suggest
GDP growth rates for past years have been revised upwards but our headline economic indicators seem out of sync with what other data sources suggest. Policymakers must address employment and income weaknesses.
3 min read6 Mar 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared