All-time high unemployment, low GST earning and a slowdown in industrial growth — all part of Achhe Din.
Tag: Indian Economy
PM Modi Has Again Failed in This Quarter’s Numbers: Rahul Gandhi
“False promises, false games,” said the Congress president citing report that India’s growth declined to 6.6% in the quarter ending December 2018.
Economic Slowdown: GDP Growth Rate Drops to 5-Quarter Low of 6.6% In October-December
According to government data.
Reuters Survey Predicts Indian Economy to Slow Down Shortly
Per the report, should the forecasts hold, India is likely to post its slowest growth in five quarters.
Oxford Press Publishes Six-Volume Compilation of Dr Manmohan Singh’s Lifetime’s Work
“The set of volumes would conserve and reflect on the life and work of an academic who has had a deep imprint on India and its economy,” said Oxford Press.
Move Likely To Undermine Economy, Hurt Rupee: How International Media Reported Urjit Patel Resignation
Many prominent news outlets noted that Patel’s resignation came amid clashes between RBI and Modi.
Financial Conditions Very Tight, Should Brace Ourselves for Economic Slowdown: Former CEA Arvind Subramanian
“The financial system is under stress, financial conditions are very tight. This is not conducive for rapid growth,” he said.
Demonetisation, Agrarian Crisis Exposed Consequences of Financial Exclusion: India Exclusion Report 2017-18
Following demonetisation, the agriculture sector was one of the worst hit as farmers usually deal in cash.
Demonetisation ‘Has Not Worked’. ‘Particularly negative’ for Small, Medium, Unorganised Sectors: RBI Ex-Governor Bimal Jalan
Centre under pressure on the economy. Jalan statement comes a day after party MP and economist, Subramanian Swamy termed GST “a flop”.
Demonetisation After-effects: Unemployment Rises to Two-year High, Labour Participation Rate Falls
Reportedly, the rate of unemployment had risen to a two-year high of 6.9 per cent.
The Entire Indian Economy Is In A Dangerous Condition: Mamata Banerjee
The RSS should declare itself a political outfit.