London/Boston: As the 2024 elections approach, taking stock of the economy after a decade-long rule of the government led by Prime Minister Narendra Modi becomes a natural talking point. View Full Image Graphic: Mint According to the World Bank’s earlier $1.90 PPP per day line that defines extreme poverty, 23% of India’s population was poor in 2011-12, the last estimate …
PATNA: Renowned economist Arvind Panagariya, a professor at Columbia and Padma Bhushan awardee, has been appointed the chancellor of Nalanda University, said university officials aware of the matter. Currently, he is a Professor of Economics and Jagdish Bhagwati Professor of Indian Political Economy at Columbia University and is also the director of Deepak and Neera Raj Centre on Indian Economic …
New Delhi: The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog Vice Chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. While an advanced estimate by the Ministry of Statistics & Programme Implementation places India's GDP growth …
India's economy is on an "upswing" and the government's plans for increased spending comes in the backdrop of pro-growth reforms, former Niti Aayog Vice Chairman Arvind Panagariya said on Tuesday even as he opined that it might take longer to become a USD 5 trillion economy due to the coronavirus pandemic-induced disruptions. "At 0.4 per cent, the year-on-year growth in …
State Bank of India chairman Rajnish Kumar on Tuesday said that interest rate cuts had not led to an increase in investment, despite the banks passing on the rate cuts to the customers. Speaking at the 47th National Management Convention of the All India Management Association, Kumar said that credit growth had been slow this year as capex was not …