Arun Jaitley uses the nominal GDP number for FY18 from the Economic Survey to contain fiscal slippage at 3.5% of GDP rather than the convention of using the CSO data
1 min read1 Feb 2018A higher nominal GDP growth rate can help in projecting a better fiscal deficit number in Union Budget 2018
2 min read17 Jan 2018In six out of the last seven quarters, growth in money supply was lower than growth in nominal GDP
1 min read2 Jan 2018The birth of a new year (even if it is Gregorian) is as much an occasion for reflection and resolution as it is an occasion for optimism
4 min read2 Jan 2018India is likely to achieve strong growth over the next decade and will overtake Japan in nominal GDP by 2028, to emerge as the world's third-largest economy, says a report
2 min read13 Nov 2017One part of the puzzle is growth in nominal GDP, despite demonetisation and a fall in real GDP growth
4 min read23 Aug 2017Union Budget 2017 says nominal GDP growth estimates released by CSO earlier didn't include 'trends of decline in growth rate', without naming demonetisation
1 min read3 Feb 2017The trajectory of nominal GDP growth in the medium term deserves to be watchedonce the transient effects of the currency shock subside
4 min read4 Jan 2017As inflation dipped, India's nominal GDP has also fallen. While broad money supply has also come down, it has grown faster than the nominal GDP in the past six quarters
1 min read10 Mar 2016The NDA government has clearly missed out the chance to present a breakthrough budget
3 min read1 Mar 2016The 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