GDP Growth News
IMF keeps India’s GDP growth forecast unchanged at 6.5% for FY25 and FY26
However, in its latest quarterly update, the IMF said India’s economic growth has slowed more than expected.
4 min read17 Jan 2025India’s fiscal deficit to shrink continuously amid strong tax revenues: World Bank
The fiscal deficit in India is expected to shrink continuously, driven by growing tax revenues, according to the latest World Bank report.
1 min read17 Jan 2025A tale of two Indias: Inequality alleviation is a challenge we must tackle head-on
A study of seven decades of disparities—as they widened and shrank in phases—offers the country insights as well as clues to the policies we must pursue for a more equitable future. We need the best of times for everyone.
4 min read13 Jan 2025Budget influencers: It’s the political economy, stupid!
Data shows India’s economy is in a crunch, and with employment and income levels the way they are, cash transfers will likely grow as a political response. Bihar, meanwhile, may expect special attention.
4 min read12 Jan 2025Stagnant wages amid fast economic growth: We need an Indian Enlightenment
India must raise not just its economy’s output but also the quality of its people’s lives. This may require a paradigm shift, an enlightenment rooted in dignity, fairness and shared prosperity. Let’s not risk a middle-income trap.
5 min read12 Jan 2025Financing economic growth: India must rise to the challenge
The Indian economy needs a long capital-expenditure cycle to keep GDP growth up. Policy measures must aim for more private investments, larger FDI inflows and a deeper corporate bond market that has long-horizon investors—like insurers and pension funds—as participants.
4 min read9 Jan 2025India must revive PPPs and reform its bond market to boost economic growth
As India’s economy slows in 2024-25, the Centre can’t keep doing the infra heavy lifting on its own. We should revive public-private partnerships to attract private investment. But for debt funding, we’ll need to reform and enliven our market for bonds.
3 min read9 Jan 2025Sri Lanka c. bank to focus on stronger crisis recovery in 2025
SRI LANKA-ECONOMY/RECOVERY:Sri Lanka c. bank to focus on stronger crisis recovery in 2025
1 min read8 Jan 2025Revise India’s inflation gauge but handle the revision with care
India’s consumer price index (CPI) should be revised on the basis of the latest survey of household consumption expenditure. It’ll aid the formulation of monetary policy. But nuances of the Indian situation must be kept in mind.
2 min read8 Jan 2025Ahead of Budget, govt pegs FY25 GDP growth at a tepid 6.4%—the slowest since the pandemic
The Union government’s first advance estimates of gross domestic product (GDP) serve as the foundation for the annual budget, which will be announced on 1 February.
6 min read7 Jan 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