India's Growth Reforms

"Our GDP is growing at nearly seven per cent despite global instabilities; India is not just an emerging market but an emerging model too," he said

While people in most countries that went to polls this year voted for a change, Indians preferred continuity, political stability and economic growth, Prime Minister Narendra Modi said on Saturday, asserting that a new neo-middle class is driving the country's progress. Addressing the ET World Leaders Forum, Modi said the country is writing a unique success story, and the impact of its reforms is visible in the economy's performance. He said the world's prosperity lies in India's prosperity, adding that his government wanted more companies to become global brands and the country to become a leader in every sector. Addressing investors, he promised facilitation, reforms, a stable policy regime and high growth, and asked them, in turn, to promise innovation, performance, positive disruption and high-quality products. He described the unfolding third decade of this century as an era of the country's lift-off which will benefit everyone. Today's India is a land of opportunity, he ...

Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII President Sanjiv Puri said a lot of policy interventions in the past have put the economy on "a much stronger wicket". "The growth rate is poised to touch 8 per cent during the current year, marking the fourth consecutive year of above 7 per cent + growth. "The growth estimate hinges critically on addressing the unfinished reform agenda on priority, in addition to improvement in world trade prospects aiding our exports, twin engines of investment and consumption doing well and expectations of a normal monsoon among other factors," he added. Expressing optimism regarding the economy's performance, he said, "Very clearly, we are expecting all three sectors of the economy -- agricuture, services and industry -- to fire and do well next year." H

Equitas Small Finance Bank witnessed a healthy 37 per cent increase in advances to Rs 31,231 crore, whereas deposits rose 42 per cent to Rs 30,839 crore

Foreign investors have upgraded India as a dedicated allocation in their investment portfolios given the strong economy, stable government and significant reforms undertaken over the last eight years, equity experts have said. According to the experts, who participated in Futures Industry Association (FIA) Asia trade conference held in Singapore from November 29 to December 1, investment is flowing into India's growth story. Previously, the investors had grouped India within emerging markets and comparatively only China was a dedicated allocation emerging market, according to Anant Jatia, Founder & CIO at Greenland Investment Management LLP in Mumbai. Investment is flowing into India's Growth Story. We see investments being redirected as FPIs reposition their dollars amidst uncertainties in China, Jatia told PTI on the sidelines of FIA Asia 2022. We are seeing the current pickup gaining momentum as FPIs have turned net buyers of India with over USD 5 billion coming in over ...

Successive governments continued this policy till the priorities were shifted in favour of inclusive growth in 2004

Noting that India must technologically leapfrog, Kant said it is also important for the country to get into sunrise industries.

Higher growth also improves tax-GDP ratio which enhances the resource availability with Government to undertake social and infrastructure expenditure

The average growth in the 50 years leading to Independence was 0.06%

it is useful to look beyond the efforts made by the successive governments, at the outcomes and ask the question