Using GST data could help correct inflated real growth figures
The combined expenditure of the Centre and state governments increased hugely in 1980s-by almost 10% of gross domestic product (GDP) to 27 per cent of GDP by 1991, and has remained high since then
BoP witnesses depletion of $37.7 billion
Himachal Pradesh's revenue deficit is expected to be around 30 basis points higher than the budgeted 2.5% of gross state domestic product (GSDP) in FY26
Southern states reject population-based formula, demand GDP-based representation and legal safeguards against unfair redistribution. Archis Mohan writes
The Standing Committee urged the DEA to revisit the existing practice of allocating funds that are not directly related to the department - such as allocations for new schemes that are not finalised
FM Sitharaman says factors of production being reset after pandemic
Tamil Nadu is projected to grow over 8% in 2024-25, driven by policy reforms, infrastructure development, and economic diversification
The State of India's Digital Economy Report 2025 says that India is the third largest digitised country in the world at an aggregate level
Statisticians across the spectrum welcomed this decision, though questions remained about why the timeline for releasing a given year's GDP data and the number of revisions couldn't be reduced further
From 2020-21 to 2024-25 (2020-2024 in case of the rest of the world), India's economic growth slowed to 5.4 per cent but was higher than any other major country including China
It is high time to assess the preference of Indian households towards different investment streams as Trumponomics affects their valuation
Among the five states that allocate the highest proportion of their total expenditure to education, Bihar and Rajasthan stand out
Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports in response to questions about whether the spending cuts pushed by Elon Musk's Department of Government Efficiency could possibly cause an economic downturn. You know, that governments historically have messed with GDP, Lutnick said on Fox News Channel's Sunday Morning Futures. They count government spending as part of GDP. So I'm going to separate those two and make it transparent. Doing so could potentially complicate or distort a fundamental measure of the US economy's health. Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the government can impact the path of overall growth. GDP reports already include extensive details on government spending, offering a level of transparency for economists. Musk's efforts to downsize federal agencies could result in the layoffs of tens of thousands
In recent years, government capital expenditure has been a key driver of growth and is likely to continue playing this role in the foreseeable future
The global churn and India's reset played out on day one of BS thought summit, with the who's who from government, economy, banking, defence coming together
Q3 GDP growth rebounds in second half of the year led by uptick in agricultural and industrial activity, along with resilient rural demand
He emphasized the need for India to improve productivity, avoid excessive protectionism and increase manufacturing as a percentage of GDP
This forecast considers various scenarios, including the US government's planned reciprocal tariffs in early April and the price elasticity of US demand for Indian exports
Poll of 12 forecasters shows pickup in rural demand, govt capex