Revisions in GDP numbers happened regularly, even during Congress-led dispensations. Singling out the Modi govt for a routine revision in line with global best practices is sheer hypocrisy.
Key corporates in the cement, two-wheeler, home loans and consumer goods space are clocking in healthy double-digit growth. Sectors facing a temporary slowdown are hit by global or seasonal factors only.
With economic growth at its lowest and unemployment at its highest in several quarters, alongside a likely delayed monsoon, the FM's task is only uphill.
By keeping interest rates artificially high, RBI governors Raghuram Rajan and Urjit Patel squeezed the life out of the economy. Demonetisation administered the last rites. India's new PM must aggressively reform and remonetise.
The failure to acknowledge India’s growth story for the fear of who will walk away with the credit is a grave injustice to the 1.33 crore-plus people of this country. It also prepares the path for economic harm rather than further good health.
Our increasing reliance on natural systems has made it clear that nature is not just a ‘nice to have’. The deadline for active conservation was yesterday.
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Paradigm shift | 7-minute read
To sustain the growth, it is crucial to address issues like corruption and inequality.
The biggest confusion has been the lack of growth of merchandise exports over the last four years.
The NDA government could have easily pushed India's growth to more than 8 per cent.
Revival in bank credit, improved corporate performance and increased demand will lead India's growth story.
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