Page 6 - Economic Growth In India

High growth can bring inclusiveness in wealth creation: Shaktikanta Das

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

Inadequate budget for judiciary crippling reforms, hurting growth: Report

The study drew on figures from across the four major constituents of the justice system--police, prisons, judiciary and legal aid.

Budget should look to push rural demand, not reduce I-T rate: Economists

Ajit Ranade, chief economist at Aditya Birla Group, said, "I don't think a cut in the personal income tax is a good thing to do at this juncture."

Best of BS Opinion: Reviving economic growth, containing China, and more

Judicial intervention, though effective, is one step away from being an arrangement in which the people have a say.

Budget 2020: Govt may go for income tax relief to spur demand, says report

Finance Minister Nirmala Sitharaman is expected to present the budget for 2020/21 fiscal year on February 1. She has promised a budget that will do more to boost growth.

Gilt funds lose steam after RBI pause on rate cut triggers yield spike

In the one-year period, gilt funds had outperformed most other debt categories with gains of over 10 per cent

Economy: This is as good as it gets

Structural reforms are much less about privatisation, land, and labour, and more about expanding the scope of private enterprises and allowing them to be more competitive and productive

India's economic growth sputters to 4.5%, weakest in more than six years

Some surveys show business confidence is at multi-year lows

Govt on track to make India $5 trillion economy by 2024: P K Misra

Describing the country's economic fundamentals as strong, Mishra said the annual average GDP growth of 7.5 per cent during 2014-2019 was the highest since independence

Slash personal tax, give confidence to stakeholders: India Inc at WEF

Govt officials said more structural reforms, after the ones announced recently, would be forthcoming.

ADB cuts India's economic growth projection to 6.5% from 7% for FY20

Says a cut in corporation tax rate will boost private investments and global competitiveness

OECD slashes India's economic growth forecast from 7.2% to 5.9%

At 2.9%, global growth to be weakest since 2008 crisis, it says

Budget numbers indeed look challenging to achieve: DSP MF's Saurabh Bhatia

Whilst the noise on feasibility of budget numbers and risks on sovereign borrowing would persist in the near term, the budget outcome has certainly eased the job for RBI MPC to ease rates further

Economic growth in India likely to strengthen at 7.3% this fiscal: Report

As per the report, construction is likely to receive a boost from increased public infrastructure spending aimed at improving the nation's transport and rural infrastructure