RCEP – Is India’s Stand Justified??
India’s decision to stay out of Regional Comprehensive Economic Partnership (RCEP) appears to be retrograde and protectionist. However, it is actually quite sensible decision and saves the country from getting…
Efficiency and Efficacy of MGNREGS – The Economic Survey
Among the issues covered by the Economic Survey this year are the gains arising out of technological intervention in MGNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme). The scheme has…
Budget 2019-20 – Revenue & Expenditure Analysis (Part II)
Against total receipt of Rs 20.8 lakh crore, government is projected to spend nearly Rs 27.9 lakh crore in FY20. This implies a budget or fiscal deficit of Rs 7.1…
Budget 2019-20 – Revenue & Expenditure Analysis (Part I)
The Budget proposed for year 2019-20 projects total expenditure of Rs 27.9 lakh crore against receipt of Rs 20.8 lakh crore. This implies shortfall of Rs 7.1 lakh crore corresponding…
Budget 2019-20 – Highlights..
The budget proposal for the year 2019-20, presented in the parliament today, didn’t enthuse the market as seen by the decline in Senses. It does seem to lack tangible proposals…
The Economic Survey, 2018-19 – Highlights
The Economic Survey for the year 2018-19, presented in the parliament today, puts forward a prescription for India to become $5 trillion economy by 2024-25. However, the survey acknowledges the…
Status of Employment in India – Government Report..
The employment survey report for the year 2017-18 released late last month paints a grim picture of the employment scenario in the country. While employment situation has never been satisfactory…
GDP Growth – FY19 Performance Analysis
GDP growth declined for fourth successive quarter, reaching a level of 5.8% for quarter ended March’19, as per the data released by MOSPI recently. This is also the lowest quarterly…
Index of Industrial Production (IIP) – FY19 Performance Analysis
Index of Industrial Production (IIP) recorded growth of 3.6% for the year ended March’19 as per the data released by MOSPI last week. The growth is markedly lower than average…
Understanding the Dynamics of Oil Market – OPEC+ and Beyond
Oil prices continue to gyrate declining over last two weeks after rising by over 40% during Dec’18-April’19. Its movement before that too has been equally intriguing. While price appears to…