Page-3 of Economic Slowdown
What is Counter Cyclical Fiscal Policy of GoI?
The Government of India has adopted “Counter Cyclical Fiscal Policy” in order to decrease the Economic Slow Down in the country. The Economic Chief Advisor Subramanian at the Express Adda event in Mumbai highlighted that Counter Cyclical Fiscal Policy is ..
Month: Current Affairs - February, 2020
Central Electricity Authority Data: India’s Electricity Demand fell to a 12-year low
According to the data released by the Central electricity Authority (CEA), the electricity demand of the country fell by 13% in October 2019 as compared to October 2018. This is the lowest in 12 years. Highlights Sharp reduction in the ..
Month: Current Affairs - November, 2019
IMF: World Economic Outlook, 2019
The World Economic Outlook is a biennial report that is released in April and October. According the report released recently on October 15, 2019, the global economy is at its slowest pace of growth at 3%. This is a serious ..
Month: Current Affairs - October, 2019
World Bank: South Asia Economic Focus, 2019
The World Bank recently released its South Asia Economic Focus, 2019. The report says that Bangladesh and Nepal are growing faster than India. However, it assured that India is still a fast-growing economy. India is relatively hit hard by the ..
Month: Current Affairs - October, 2019
Ind-Ra lowers India’s GDP growth forecast in 2019-20 to 6.1% from 6.7% in August 2019
India Ratings and Research (Ind-Ra), a part of Fitch group has lowered India’s gross domestic product (GDP) forecast for financial year (FY) 2019-20 to 6.1%. This was second downgrade in the last two months. Earlier in August 2019, Ind-Ra had ..
Month: Current Affairs - October, 2019
Growth of eight core sectors slows to 2.1% in July 2019
According to official data released by Government, Growth of eight core industries (Index of Eight Core Industries) dropped to 2.1% in July 2019. It was mainly due to contraction in coal, crude oil, natural gas and refinery products. These eight ..