Tag: growth
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Advance Planning for Omicron’s expenditure in Budget 2022
The pandemic hit economy is close to coming back on track as the data suggests. According to data released by the National Statistical Office, Indian Gross Domestic Product (GDP) grew at 8.4 per cent in the quarter ended in September 2021. In absolute terms, the GDP at constant prices at Rs 35.73 lakh crore was…
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Labour Law Reforms in India: Indirect Impact of COVID-19 on Employment
To create the jobs for the returned migrants followed by nation-wide lockdown and further steer the economic growth of the states in India, many State governments are undertaking long due ‘labour law reforms’ which can be seen as the indirect impact of COVID-19 on employment. Click here to read..
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New India to Strike a Balance Between Self-Reliance and Global Co-operation
An example of the balance between self-reliance and global co-operation can be found in the recent exchanges between India and Bangladesh. India has sent over ten broad gauge locomotives to Bangladesh on 27th July. These locomotives are the products of ‘Make in India’ a campaign formulated to boost the manufacturing sector of India. Further, the building…
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Indian Economy Post-COVID-19: Challenges and Way Forward
Considering the heterogeneity of problem every sector or industries are facing, the Indian economy will take time to adjust to new normal. Moreover, measures taken to move the economy forward would take time to unfold fully. Their impact can be witnessed after a certain period of time when the actual implementation of measures and policy…
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More Proactive Cooperative Federalism to Revive the Indian Economy Post COVID-19 Crisis and Also to Make it ‘Atmanirbhar’
To revive the economy through cooperative federalism, infrastructure can play a bigger role as it is the base of an economy. Therefore, the first point of attention should be given to building physical infrastructure despite the upcoming monsoon. Click here to read..