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Rising inflation may impede pace of recovery: OECD19-NOV-09
With inflationary pressures building up at the initial stages of recovery in the domestic economy, choosing the right time for withdrawal of the fiscal and monetary stimulus remains a major challenge for the policymakers, the Organisation for Economic Co-operation and Development (OECD) said today.
Stimulus rollback not at one go: Cabinet Secy16-NOV-09
With the economy showing mixed signals of recovery, the government today said all components of stimulus packages may not be withdrawn at one go when the rollback process kicks in, which is unlikely this year.
Let's not think stimulus will be withdrawn at once:Govt16-NOV-09
The government today said that stimulus packages to perk up the economy during the slowdown are not likely to be withdrawn this fiscal and the exit, when it happens, will be a gradual one.
Hasty stimulus withdrawal could derail recovery: ADB13-NOV-09
Asian Development Bank (ADB) today warned that hasty withdrawal of economic stimulus could derail the recovery process in the developing countries, even as India debates on timing of winding down incentives given to the industry to combat impact of global slowdown.
Stimulus may go only in next fiscal: Montek13-NOV-09
The Planning Commission has said the right time to withdraw the stimulus packages given to the industry to combat the impact of global slowdown will be during the next financial year.
IIP growth continues to be robust at 9.1%13-NOV-09
Industrial output, as measured by the index of industrial production (IIP), grew by 9.12 per cent in September, up from 6 per cent in September 2008. It was mariginally lower than the 10.4 per cent in August this year.
APEC ministers reject early end to stimulus spending12-NOV-09
Finance ministers from the United States, China and other Asia-Pacific powers today rejected an early end to the huge stimulus packages they implemented to fight the global economic crisis.
Indirect tax mop-up declines 21.6% in Apr-Oct11-NOV-09
Stimulus packages and economic slowdown have hit the exchequer hard as indirect tax collections shrunk by 21.6 per cent to Rs 1.27 lakh crore in the first seven months of this fiscal, against Rs 1.62 lakh crore a year ago.
Montek for phasing out stimulus from next fiscal11-NOV-09
Planning Commission Deputy Chairman Montek Singh Ahluwalia pitched for phasing out of the stimulus package from next fiscal saying he agrees with the Prime Minister Manmohan Singh.
Next fiscal right time for stimulus withdrawal: PMEAC11-NOV-09
The "most appropriate" timing for a gradual rollback of the fiscal stimulus package would be the next financial year, Chairman of the Prime Minister's Economic Advisory Council C Rangarajan said today.
Exiting monetary policy stimulus a challenge: RBI10-NOV-09
The Reserve Bank of India (RBI), which has begun exiting the easy money policy, today said it found supporting growth without compromising financial stability a challenge, even as the government continues to be cautious about ending stimulus.
Govt to continue fiscal stimulus: Pranab10-NOV-09
Finance Minister Pranab Mukherjee today said the government will continue to provide fiscal stimulus to boost domestic demand until robust recovery is seen in the developed economies.
India Eco Summit: Sharma pitches for stimulus continuation09-NOV-09
The government would not withdraw stimulus package for exporters in the near future, Commerce and Industry Minister Anand Sharma said today hoping that exports would rebound from the last quarter of this fiscal.
India can't handle high fiscal deficit for long: Mukherjee09-NOV-09
Finance Minister Pranab Mukherjee has said that India will not be able to sustain high fiscal deficit in the long run, but he did not give any timeframe for withdrawing the stimulus measures that inflated the deficit.
India Eco Summit: Govt to assess exports, mulls another stimulus09-NOV-09
Will consider extending full support after reviewing the situation, says Sharma.
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