Centre should take steps to deal with economic slowdown: CM Ashok Gehlot
5 years, 2 months ago

Centre should take steps to deal with economic slowdown: CM Ashok Gehlot

India TV News  

Rajasthan Chief Minister Ashok Gehlot said on Saturday that there is a slowdown in the country's economy and the Centre should take effective steps to deal with it. He said there was a period of recession in the world some years back which also had an effect on India, by the then government under prime minister Manmohan Singh took effective steps and "kept the country's economy strong". Addressing a gathering after inaugurating a hostel of the Indian Institute of Gems and Jewelery in Sitapura here, Gehlot said, "The country's economy is going through a slowdown. "In such a time of slowdown, it is the responsibility of the Central government to take effective steps to improve the economy," he said.

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History of this topic

Can Rajasthan afford Ashok Gehlot's populism-loaded budget?
2 years, 10 months ago

Can Rajasthan afford Ashok Gehlot's populism-loaded budget?

India Today  

Rajasthan chief minister Ashok Gehlot’s fourth budget in his current term, presented on February 23, is being seen as very pro-welfare. Five major proposals have been announced in the Rajasthan budget: return to the old pension scheme for state government employees, doubling the cap on free indoor treatment to Rs 10 lakh under the state’s Chiranjeevi universal health scheme, an …

IMF calls for ‘urgent’ action by India amid economic slowdown
5 years ago

IMF calls for ‘urgent’ action by India amid economic slowdown

Al Jazeera  

India’s economy grew at its slowest pace in more than six years between July-September, as unemployment remains high. India’s government must take steps quickly to reverse the economic slowdown of an economy that has been one of the engines of global growth, the International Monetary Fund said. The IMF said India should avoid using public funds to stimulate growth – …

India should focus on structural reforms, clean-up of banks and labour reforms: IMF Chief Economist Gita Gopinath
5 years ago

India should focus on structural reforms, clean-up of banks and labour reforms: IMF Chief Economist Gita Gopinath

Firstpost  

With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand Washington: With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and …

People still struggling due to demonetization 'blunder': Gehlot
5 years, 2 months ago

People still struggling due to demonetization 'blunder': Gehlot

India TV News  

Days after the third anniversary of the demonetization of high-value currency notes, Rajasthan Chief Minister Ashok Gehlot on Monday hit out at Prime Minister Narendra Modi for committing the 'blunder' and not taking any responsibility for it. The people would certainly hold NDA government responsible for this short–sighted decision even though the govt may try to shun the responsibility for …

Chief Economic Advisor admits to economic slowdown
5 years, 2 months ago

Chief Economic Advisor admits to economic slowdown

The Hindu  

Finance Secretary Rajiv Kumar and Chief Economic Advisor Krishnamurthy Subramanian conceded to a Parliamentary panel on Finance headed by BJP MP and former Minister of State for Finance Jayant Sinha that the country is going through an “economic slowdown”. Finally, when they were asked point blank on whether there is a crisis or not, the Finance Secretary Rajiv Kumar and …

Slowdown is just a passing phase, says Piyush Goyal
5 years, 2 months ago

Slowdown is just a passing phase, says Piyush Goyal

The Hindu  

Union Minister of Railways and Commerce Piyush Goyal on Thursday termed the current economic slowdown as just a passing phase and said that efforts being taken by the government only showed that it cared. Reacting to former prime minister, Dr. Manmohan Singh’s views on the economic slow down the country is facing, the Union Minister said that he was surprised …

BJP government should accept ‘historic slowdown’ of country's economy, work towards resolving it, says Priyanka Gandhi Vadra
5 years, 4 months ago

BJP government should accept ‘historic slowdown’ of country's economy, work towards resolving it, says Priyanka Gandhi Vadra

Firstpost  

New Delhi: Congress leader Priyanka Gandhi Vadra on Tuesday criticised the BJP-led central government over “historic slowdown” in the economy. Priyanka said the Centre should accept that there is a slowdown and should work towards measures to resolve it. The BJP government should accept that there is a historic slowdown in the economy and they should move towards measures to …

India facing prolonged slowdown: Manmohan Singh
5 years, 4 months ago

India facing prolonged slowdown: Manmohan Singh

The Hindu  

Former Prime Minister Manmohan Singh on Sunday said the 5% growth in India’s Gross Domestic Product signalled a prolonged slowdown and asked the government to engage with “thinking minds by shunning vendetta politics to take the economy out of a man-made crisis.” In a video statement, he said the state of the economy was “deeply worrying” and the near zero% …

Tracking India’s economic slowdown: Between NITI Aayog chief’s warning and CEA’s tough talk lies real cure for economy; inaction will be disastrous
5 years, 4 months ago

Tracking India’s economic slowdown: Between NITI Aayog chief’s warning and CEA’s tough talk lies real cure for economy; inaction will be disastrous

Firstpost  

By now, the fear that India’s economy is slowing and slowing at a real dangerous pace has been confirmed by hard data Editor’s note: This is the seventh and concluding part of a series in which Firstpost’s columnists analyse the ongoing economic slowdown and offer solutions. In the absence of private sector participation, India’s economic growth fell to 5.8 percent …

Tracking India's economic slowdown: Narendra Modi's $5 trillion goal is wishful thinking unless Rs 100 lakh cr infra puzzle is solved
5 years, 4 months ago

Tracking India's economic slowdown: Narendra Modi's $5 trillion goal is wishful thinking unless Rs 100 lakh cr infra puzzle is solved

Firstpost  

If the Modi government finds a way and manage to implement the Rs 100 lakh crore investment as announced, this will indeed act as a big stimulus to the economy and help revive the job market. If the Modi government needs to meet the Rs 100 lakh crore investment figure envisaged for the next five years, on an average, Rs …

New govt faces challenges of arresting slowdown, creating jobs and tackling bad loan woes of banks: Economists
5 years, 7 months ago

New govt faces challenges of arresting slowdown, creating jobs and tackling bad loan woes of banks: Economists

Firstpost  

After a landslide victory at the general election, Prime Minister Narendra Modi faces the immediate challenge of arresting a slowdown in the world’s sixth largest economy New Delhi: After a landslide victory at the general election, Prime Minister Narendra Modi faces the immediate challenge of arresting a slowdown in the world’s sixth largest economy, creating jobs, stimulating private investment and …

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