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experts on Indian economy News
experts on Indian economy
India to become 5-trillion-dollar economy in 7 years: Suresh Prabhu
Thu, Sep 06, 2018
With phenomenal changes in social and economic sector reforms, India will become a five-trillion-dollar economy in seven years from the present 2.6 trillion dollars, Union Minister for Commerce and Industry and Civil Aviation Suresh Prabhu said here on Thursday. He said that the GDP growth of 8.3 per cent in the last quarter will be consolidated and continue going forward and India would certainly become a 10-trillion-dollar economy by 2035.
Centre gung-ho on India being fastest growing economy at 7.7%, but GDP growth feared to be not that good
Fri, Aug 03, 2018
For non-corporate sector, which accounts for 27% of the economy activity, the figures will come by this year-end or early next year. These figures are available only once in five years and evidences so far indicate that this sector has not been doing well, particularly after demonetisation and rollout of GST.
Time for India to boost per capita income: Experts
Sun, Nov 26, 2017
A week after Moody's Investors Service upgraded India's sovereign rating, S&P kept its India ratings unchanged at the lowest investment grade of 'BBB-minus' citing sizable fiscal deficits, a high net general government debt burden and low per capita income.