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Building on the revival of the manufacturing sector
2 weeks, 4 days ago

Building on the revival of the manufacturing sector

The Hindu  

India’s journey to becoming a global manufacturing hub has gained momentum with the government’s strategic policy initiatives, particularly the Production Linked Incentive scheme. The results of the ASI 2022-23 show a healthy double-digit expansion in the growth rate of manufacturing sector output — at 21.5% — despite a high base of 2021-22 which saw a sharp rebound as the economy …

India Growth Manufacturing Value Sector Scheme Pli
India's GDP growth slows to 5.4% in Q2 2024-25: Govt data
3 weeks, 4 days ago

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data

Hindustan Times  

India's Gross Domestic Product growth slowed down to 5.4% during the second quarter of the financial year 2024-25 due to the falling growth rate in manufacturing, consumption, and mining. India's GDP growth slows to 5.4% in Q2 2024-25, govt data shows In comparison, the GDP growth rate was 8.1% in the second quarter of 2023-24, according to government data released …

India Growth Quarter Gdp
India’s GDP growth likely moderated to 6.5% in Q2, says Icra
Trending News
1 month ago

India’s GDP growth likely moderated to 6.5% in Q2, says Icra

Live Mint  

New Delhi: India’s GDP growth is likely to have slowed marginally to 6.5% in the second quarter of FY2025 from 6.7% in the previous quarter, primarily due to heavy rainfall, weak corporate margins, and subdued exports, according to rating agency Icra. While government capital expenditure and healthy kharif sowing provided a lift, their impact was offset by disruptions caused by …

India Growth Sector Quarter Icra Gva Growth
Annual survey of industries shows growth in manufacturing sector
2 months, 3 weeks ago

Annual survey of industries shows growth in manufacturing sector

The Hindu  

India’s industrial sector is growing at a fast pace, said NITI Aayog CEO B.V.R. 2022-23 witnessed a growth in industrial sector for majority of the important economic parameters like invested capital, input, output, GVA, employment and wages and even surpassed the pre-pandemic level in absolute value terms. When asked about the recent Periodic Labour Force Survey results that cited stagnation …

States Survey Sector Plfs Gva This Sector Subrahmanyam
India's GDP growth moderates to 6.7% in Q1 2024-25, lowest growth in five consecutive quarters
3 months, 3 weeks ago

India's GDP growth moderates to 6.7% in Q1 2024-25, lowest growth in five consecutive quarters

Hindustan Times  

India's Gross Domestic Product moderated to 6.7% during the first quarter of the financial year 2024-25, compared to the 8.2% growth seen in the same quarter of the previous year, according to the data released by the Ministry of Statistics and Programme Implementation on Friday, August 30, 2024. India's GDP moderates to 6.7% in Q1 2024-25 {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} …

India Growth Crore Quarter Rate Lakh Gdp
The paradox of high food prices amid surpluses
5 months, 1 week ago

The paradox of high food prices amid surpluses

New Indian Express  

Shivraj Singh Chouhan has taken charge at New Delhi’s Krishi Bhawan as the Union agriculture minister. We face a peculiar situation where production estimates are reaching record levels, yet food prices are skyrocketing. The government claimed record wheat production last year, but had to impose stock limits on the grain on June 13, 2023. This year, too, government estimates set …

Economic survey: What’s helping Delhi economy revive after the pandemic?
9 months, 3 weeks ago

Economic survey: What’s helping Delhi economy revive after the pandemic?

Hindustan Times  

The advance estimates of Gross Domestic Product for 2023-24 released with Delhi’s 2023-24 Economic Survey on March 1 show one promising trend. The secondary sector – this comprises manufacturing, electricity, gas, water supply and other utility services, and construction sub-sectors – has contributed ₹ 15.02 lakh crore or 22% to the growth in Delhi’s GVA since 2019-20. The secondary sector …

Growth Delhi Services Crore Sector Lakh Gva
India’s GDP grew 8.4% in Q3; 2023-24 growth scaled up to 7.6% from 7.3%
9 months, 3 weeks ago

India’s GDP grew 8.4% in Q3; 2023-24 growth scaled up to 7.6% from 7.3%

The Hindu  

India’s economic growth has upgraded to 8.4% in the third quarter of 2023-24. There will be no automatic vacation of stay orders with lapse of time, Supreme Court holds The Supreme Court on February 29 clarified it could not shrink the time period of interim orders passed by State High Courts or trial courts staying criminal or civil proceedings. The …

India Supreme Court High Courts Court Congress Courts Order
Q3 GDP Growth Likely to Moderate to 6% Vs 7.6% In Q2 FY24: ICRA
10 months ago

Q3 GDP Growth Likely to Moderate to 6% Vs 7.6% In Q2 FY24: ICRA

News 18  

The GDP growth in the third quarter ended December 2023, the official data of which is set to be released on Thursday, February 29, is likely to moderate to 6 per cent year-on-year, against 7.6 per cent in Q2 FY2024, according to a report by rating agency ICRA. Aditi Nayar, chief economist and head at ICRA Ltd, said, “Lower volume …

Report Cent Moderate Gva 6 Per Cent Per Cent Icra
India’s real GDP growth for 2023-24 estimated at 7.3%
11 months, 2 weeks ago

India’s real GDP growth for 2023-24 estimated at 7.3%

The Hindu  

India’s real GDP growth in 2023-24 is estimated at 7.3%, compared to 7.2% a year ago, as per the first advance estimates of national income released by the National Statistical Office on Friday, which reckon the economy will outperform the 7% uptick recently projected by the Reserve Bank of India. With GDP growth in the first half of this year …

India Growth Rbi Gva Gdp Estimates Nso
PM Modi hails GDP numbers, says 'displays Indian economy’s strength'
1 year ago

PM Modi hails GDP numbers, says 'displays Indian economy’s strength'

Hindustan Times  

Prime Minister Narendra Modi on Thursday said that the Gross Domestic Product numbers for the second quarter of the year display the resilience and strength of the Indian economy in the middle of "testing times globally". "The GDP growth numbers for Q2 display the resilience and strength of the Indian economy in the midst of such testing times globally. We …

India Economy Growth Indian Quarter Gva Modi Hails
Bharat’s Model of Economic Growth Cannot Be Built on Western Models - News18
1 year, 1 month ago

Bharat’s Model of Economic Growth Cannot Be Built on Western Models - News18

News 18  

Policymaking in the agriculture space is rife with several myths, misconceptions, and assumptions. A NITI Aayog paper from 2022 highlights four structural paths that farmers could find themselves on: the Farmer Developing Path, the Lewis Path, the Lewis Trap, and the Farmer Excluding Path. The Indian agricultural sector employs 44 per cent of the labour force in the country while …

India Agriculture Labour Manufacturing Indian Economic Rural Areas
If NSO Numbers Show Drop in Manufacturing, Why're Growth Projections Still High?
2 years ago

If NSO Numbers Show Drop in Manufacturing, Why're Growth Projections Still High?

The Quint  

These are two terms one needs to be familiar with while studying the manufacturing sector: GVA and PMI. Now, according to NSO data, the manufacturing gross value added contracted by 5.6 percent, but the PMI for the same sector came in at 55.7 for the month of November. India's manufacturing PMI has been over 50 since July 2021, indicating that …

Manufacturing Pmi Gva Manufacturing Pmi
India's GDP growth slips to 6.3 pc in Q2, but remains fastest-growing major economy
2 years ago

India's GDP growth slips to 6.3 pc in Q2, but remains fastest-growing major economy

India TV News  

India GDP: India's economic growth slowed down to 6.3 per cent in the July-September quarter of this fiscal, dragged down mainly by the poor performance of manufacturing and mining sectors, official data showed on Wednesday. The second quarter GDP growth is almost at par with the RBI's projection of 6.1 per cent to 6.3 per cent released earlier this month …

India Growth Second Crore Cent Quarter Rbi
Q1 GDP more of a statistic rather than a reflection of the state of economy
3 years, 3 months ago

Q1 GDP more of a statistic rather than a reflection of the state of economy

Business Standard  

The Q1FY22 GDP growth number at 20.1 per cent looks impressive as against a decline of 24.4 per cent in the previous quarter of the last fiscal. While this number looks impressive, the gross value added, or GVA, in the economy had moved from Rs 33.05 trillion to Rs 25.65 trillion last year, and now has moved up to Rs …

Numbers Sector Cent Last Year Gva Impressive Growth
Q2 manufacturing rebound puzzles economists
4 years ago

Q2 manufacturing rebound puzzles economists

The Hindu  

The turnaround in India’s manufacturing sector, which rebounded from a 39.3% contraction in GVA in the April-June quarter to clock 0.6% growth in the second quarter, has left economists scrambling to reconcile conflicting data from the government as they try to come to terms with the latest GDP estimates that suggest the economy fared better-than-expected. “Though the whole press release …

India Growth Manufacturing Sector Quarter Ghosh Gva