Tag: Government of India
RBI’s revised GDP growth estimates reflective of difficult road ahead for economy; employment, consumption to hold key for recovery
Posted: August 4, 2021 at 5:48 am | Author: Manish Marwah
Urban demand reflected in high frequency indicators like electricity consumption, railway freight traffic, port cargo, steel consumption, cement production, e-way bills and toll collections – recorded sequential moderation in April-May as manufacturing and services get hit due to second wave The latest Gross Domestic Product (GDP) numbers released by the Government for the financial year […]
Small businesses facing financial crunch as banks become wary of lending
Posted: January 29, 2020 at 10:06 am | Author: Manish Marwah
Small businesses are facing financial crunch as banks and non-banking financial companies are becoming wary of lending to them amid slowing consumption, weak economy and likelihood of rising bad loans. According to a data released by the Reserve Bank of India (RBI), gross loans extended to the medium, small and micro enterprises (MSME) fell 3.43% […]
India’s growth recovery unlikely without kicking Consumption
Posted: December 23, 2019 at 7:43 am | Author: Manish Marwah
India’s slowdown story is for real and the worst part is that it has still not bottomed-out and could take another couple of quarters. Even the recovery would take a year as is being widely said by many economists. Much of it can be attributed to the falling consumption across the spectrum, be it private […]
Connecting dots – Structural reforms, taxation, market disruptions and economic slowdown in India
Posted: August 8, 2019 at 9:19 am | Author: Manish Marwah
Auto sales data of last few quarters and latest results of many consumer companies suggest that consumption growth is slowing down in India. With private investment growth not picking up for long, the burden of growth is now on government spending and exports. With government capital expenditure set to contract marginally in FY20 and slowdown […]