Data suggests that the economy is bottoming out
Improving efficiency in producing and converting edible calories when demand weakens could throw new social challenges
As against this, there was a deficit of $4.6 bn, or 0.7% of GDP in the year ago quarter and $2.6 billion (0.4% of GDP) in Q3 of 2019-20
Gloomy economic narrative does not justify stock market highs
The country needs less event management and more considered anticipatory action
The latest weekly figures show power generation is close to 2019 levels as industries gradually reopen.
Other indicators such as power generation and visits pharmacy stores also point to increased activity, though the overall picture suggests a return normalcy is still in process
Business Standard's own calculations suggest that the Centre's fiscal impact amounts to around Rs 2.28 trillion, or around 1.2 per cent of GDP.
Green shoots can barely hide the economic pain
The surplus should not be a cause for any celebration
The fiscal conservatism of the finance ministry means growth revival will take longer and may not be seen till late in the next fiscal year or even later
The economists said they expect global GDP growth will trough at -8.6 per cent year on year in the second quarter
India must walk the talk on deep structural reforms
In the concluding part, the author lays down the fiscal arithmetic for an illustrative UBI supplement in India
India's GDP is unlikely to recover to its 2019-20 level until the second half of 2021-22
Shrinking domestic demand offers the industry the chance to become globally competitive
Six iterations of annual data over a three-year period raise serious questions about the reliability of national income data as a basis for sound policymaking
Here's a selection of Business Standard opinion pieces of the day
It would be a major miracle if the economy does not contract this year
Enhancing the investment and turnover limits for MSMEs was overdue, but the smaller units will have serious reservations