India’s Economic Performance in 2019-20
- India’s GDP growth moderated to 4.8 % in H1 of 2019-20, amidst a weak environment for global manufacturing, trade and demand.
- Real consumption growth has recovered in Q2 of 2019-20, cushioned by a significant growth in government final consumption.
- Growth for ‘Agriculture and allied activities’ and ‘Public administration, defense, and other services’ in H1 of 2019-20 was higher than in H2 of 2018-19.
- India’s external sector gained further stability in H1 of 2019-20:
- Current Account Deficit (CAD) narrowed to 1.5 % of GDP in H1 of 2019-20 from 2.1 % in 2018-19.
- Impressive Foreign Direct Investment (FDI).
- Rebounding of portfolio flows.
- Accretion of foreign exchange reserves.
- Sharper contraction ....
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- 1 Social Infrastructure, Employment and Human Development
- 2 Services Sector
- 3 Industry and Infrastructure
- 4 Agriculture and Food Management
- 5 Sustainable Development and Climate Change
- 6 Prices and Inflation
- 7 Monetary Management and Financial Intermediation
- 8 External Sector
- 9 Fiscal Developments
- 10 Thalinomics: The Economics of a Plate of Food in India
- 11 Is India’s GDP Growth Overstated? No!
- 12 Privatization and Wealth Creation
- 13 Financial Fragility in the NBFC Sector
- 14 Golden Jubilee of Bank Nationalisation: Taking Stock
- 15 Targeting Ease of Doing Business in India
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- 17 Undermining Markets: When Government Intervention Hurts More Than It Helps
- 18 Pro-business versus Pro-markets
- 19 Entrepreneurship and Wealth Creation at the Grassroots
- 20 Wealth Creation: The Invisible Hand Supported by the Hand of Trust