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Proposed Nyay Scheme: Key Facts

In its election manifesto for the Lok Sabha Elections 2019, the Congress party has announced a Minimum Income scheme Nyuntam Aay Yojna (Nyay) as a surgical strike against poverty. Key Facts about the Proposed Scheme The Nyay scheme is targeted ..

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Brexit has cost Britain nearly 2.5% of GDP: Goldman Sachs

A study by the global investment banking, securities and investment management firm, Goldman Sachs has stated that Brexit has cost Britain nearly 2.5% of GDP. Findings of the Study Britain’s economy has lost nearly 2.5 per cent of GDP relative ..

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India’s GDP Forecasts by Fitch Ratings

In it’s Global Economic Outlook report, Fitch Ratings has cut India’s economic growth forecast for the next financial year 2019-20 starting from April 1 to 6.8 per cent from its previous estimate of 7 per cent, on the account of ..

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Global Macro Outlook for 2019 and 2020

Moody’s has released its quarterly Global Macro Outlook for 2019 and 2020. The outlook highlights the following points about India: Indian economy is expected to grow at 7.3 per cent in the calendar year 2019 and 2020. The proposed government ..

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India to grow at 7.2 per cent in 2018-19: CSO

The Central Statistics Office has released the first advance estimates of National Income for 2018-19. The observations made by CSO are: Indian economy is expected to grow at 7.2 per cent in 2018-19, a tad higher from 6.7 per cent ..

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Pradhan Mantri Shram Yogi Mandhan

The Union Finance Minister Piyush Goyal announced the Pradhan Mantri Shram Yogi Mandhan scheme in the interim budget 2019 for workers in the unorganised sector. About the Scheme The features of the Pradhan Mantri Shram Yogi Mandhan scheme are: Under ..

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GDP forecasts by Standard Chartered Plc: Key Facts

Standard Chartered Plc, a multinational company has made long term forecasts about the shake-up of the world’s gross domestic product (GDP) rankings. The key elements of the forecast are: Seven of the world’s top 10 economies by 2030 most likely ..

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India Loses its Fast Growing Economy Tag to China

As per the data released by the Ministry of Statistics, India registered 7.1% growth in the financial year 2016-17, which is slower than the 8% registered in 2015-16. In the fourth quarter of 2016-17, India registered a growth of GDP growth of 6.1% ..

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