In 2023, India’s GDP grew by 8.2% year-on-year, making it the fastest-growing economy among global economies. In the first half of 2024, India’s GDP growth rate was 7.2%. It is important to note that demographic dividends and technological advancements form the foundation of India’s ...
From an economic perspective, this is just a simple guess. My guess is negative. Indian media and government may have confidence in economic and GDP data. But considering this point (if you take GDP data as the ultimate truth of the economy), if India's economic growth rate is 7% and C...
Population Dividend: China's population policy has created a period of fewer children, fewer elderly people and more workers. The working population has expanded rapidly, and they have obtained new job opportunities in infrastructure construction, which is an important factor in GDP growth. The demog...
India's economy sustained its robust growth trajectory in FY2023-24.The latest ffgures from the Ministry of Statistics and Program Implementation (MOSPI) project an impressive GDP growth rate of 8.2% for the ffscal year 2024, marking a substantial leap from the 7.0% recorded in the preceding ...
HDFC Securities said in a report that India's GDP growth will remain healthy at 6.8 per cent in FY24 and moderate to 6.3 per cent in FY25. Domestic manufacturing to lead growth, rural growth to be supported from rural welfare schemes in the Budget and global headwinds will impact export-...
NEW DELHI, Jan. 31 (Xinhua) -- The Indian government on Thursday said its estimate for economic growth rate for financial year 2017-18 stood at 7.2 percent, instead of 6.7 percent announced earlier. Real GDP or GDP at constant (2011-12) prices for 2017-18 and 2016-17 showed growth of...
Real GDP growth rate projection for 2024 GDP per capita Inflation rate Get more insights Report on the topic Top Seller Explore this report Related topics Employment in India Education in India Big businesses in India Rural economy of India Unorganized sector in India Digital gove...
What is the interaction between the GDP growth rate and rate of inflation, with respect to the Indian economy? GDP growth: An increase in the level of gross domestic product is there an increase in economic growth. Economic growth can be seen with an in...
India’s real GDP growth rate of the past 20 years has averaged 6%–7% annually1 –which is higher than many developed and emerging markets – and we expect this trend to continue. Why do we think so? The administration of Prime Minister Narendra Modi has focused on s...
The main reasons attributed to the fall in the GDP growth rate were - contracted manufacturing activity, weakened investments, and lessened consumption demand. In the words of former Governor of India's central bank, the Reserve Bank of India (RBI), Raghuram Rajan, there are signs of "deep ...