Economy / The New Indian Express
It's unusual, but the two leading national parties are giving their full-throated attention to a very important aspect -- economy. While each accuse the other's 10-year regime as the benighted decade citing the poor economic scorecard, they, however, agree on one thing: That the Indian economy is riding the seven-horse chariot, and is moving up the world rankings. Currently ranked fifth, it's edging tantalizingly close to the third spot, a number spiritually associated as the energy chakra, or t
It's unusual, but the two leading national parties are giving their full-throated attention to a very important aspect -- economy. While each accuse the other's 10-year regime as the benighted decade citing the poor economic scorecard, they, however, agree on one thing: That the Indian economy is riding the seven-horse chariot, and is moving up the world rankings. Currently ranked fifth, it's edging tantalizingly close to the third spot, a number spiritually associated as the energy chakra, or t
The world's fastest growing economy? That we are and might continue to be. But then at our stage of development, the economy is only expected to grow faster than economies that have higher income, with older population and have built the required social and economic infrastructure ahead of us. For example, Brazil, Mexico, and Indonesia, with per capita GDP (Contant USD) at 10,077, 8,831 and 4,074, respectively are classified as upper middle-income countries by the World Bank and will grow at rat
A lie gets halfway around the world before the truth has a chance to get its pants on - Winston Churchill India's election season has seen apologists of the ruling party turn to statistical massaging, which does not err on the side of factual accuracies, but rather thrives on half-truths and cherry-picked data, and weaves them together to form a deceptive tapestry of lies and deceit.Recently, we encountered an article It's the economy, stupid: How the Modi, Manmohan and Vajpayee years compare
Did India become richer or poorer during the UPA years? And how does the Modi government compare? At first, it may seem difficult to compare across different eras. For instance, the UPA had to deal with the 2008 financial crisis. But the Modi government had to deal with a once-in-a-century pandemic. Which was the bigger challenge? There is a simple way to account for this. Just compare the performance of the Indian economy with respect to other countries during the same period. Let us look at th
Union Health Minister Mansukh Mandaviya has set his sights on transforming Porbandar, Gujarat, into a burgeoning tourist centre if elected to the Lok Sabha from the region. Mandaviyas vision for Porbandar, the birthplace of Mahatma Gandhi, includes the development of cruise tourism and the launch of the RoRo and Ropax initiatives -- ships where passengers and vehicles can be moved. Unlike conventional cruise vessels, such ships are used for transportation over a coastline or inland waters and is
India fastest growing economy during last 3 financial years: Sitharaman
Ian Hall , Griffith University India will soon hold the biggest election ever conducted , starting on April 19 and running through early June. Almost 950 million registered voters will be able to cast ballots to elect the 543 members of the Lok Sabha, the lower house of parliament. The result is not a foregone conclusion, but most analysts expect Narendra Modis Bharatiya Janata Party (BJP) to win another five years in office. After a decade in power, the opinion polls suggest Modi is still well
The 'One Nation, One Election' proposal could add economic output worth Rs 4.5 lakh crore, or increase real GDP growth by 1.5%, estimates submitted by the former president Ram Nath Kovind-led panel have claimed. The report also noted that simultaneous elections will not only lead to higher average real GDP growth, but also result in lower inflation, higher investments and relatively higher public spending, particularly, capital expenditure than revenue expenditure. This is the elusive magic poti
RANCHI: Former Chief Minister Hemant Soren, who is currently lodged in Birsa Munda Central Jail in Ranchi after being arrested by the Enforcement Directorate in a money laundering case linked to land scam on January 31, will study the Constitution of India and other books related to Economy and Jharkhand Movement. Hemant Sorens wife Kalpana Soren revealed on social platform X that she has been asked by her husband to bring those books on Sunday while visiting him in the jail on Saturday. The thr