Economic Bytes: (Economic Revival)

A road to economic revival runs through agriculture - (Economic Revival)Approx Read Time: 3 minutes Context: (Economic Revival) One of the world’s fastest-growing economies, India, is now facing sluggish growth, with the Reserve Bank of India sharply cutting GDP growth forecast to 6.1% for 2019-20, which is lowest in the last six years; there has been a sharp decline in the performance of key sectors. While some economists feel this…

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Economy Revival: (National Infrastructure Pipeline)

Published on 11-Sept-2019 - National Infrastructure Pipeline National Infrastructure Pipeline of Rs.100 Lakh Crore from FY 2019-20 to FY 2024-25 Approx Read Time: 7 minutes In News: Central government constituted a task force for drawing up a roadmap for ‘National Infrastructure Pipeline’ (NIP) of Rs.100 lakh crore from the financial year 2019-20 to 2024-25. The announcement came in wake of a slowdown in economic growth which slowed to a six-year…

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Economy Revival: (Bank Merger)

Published on 06-Sept-2019 Is Bank merger good or bad? Approx Read Time: 4 minutes Issue: While the deposits were coming in, these were not really being put to work. Most of the PSBs were left doing little other than the mandatory priority sector lending, and today, are slowly becoming irrelevant in the loan market. Banks have been ceding share to their private-sector competitors, both in the loans and deposits markets.…

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Indian Economy: (Economy Slowdown)

Published on 26-Aug-2019 - Economy Slowdown Increasing investment to Activate growth - Economy SlowdownApprox Read Time: 7 minutes Economy Slowdown, India’s current economic slowdown is due to a combination of two underlying trends. Cyclical slowdown: exhibited by several high-frequency indicators, reflecting a significant fall in demand, especially for sectors such as automobiles, consumer durables, and housing. Structural issue of falling investment and savings: long-term fall in investment and savings rates.…

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