The Economic Survey devoted an entire chapter to make a case for debt-led growth through public spending. They argued that public spending would result in increased incomes by way of a fiscal multiplier and further on, a crowd in private ...

Overall, the economic survey presents an optimistic picture of recovery suggesting a fiscal policy measure for the upcoming quarter. Despite being credited for the reforms undertaken during the past few months, the V-shaped recovery is possible only if the macro ...

The pandemic has caused a global economic crisis, declining growth rates, tumultuous financial markets accompanied by limping health care systems. With a focus on elevating health care, relief bills, and stimulus packages, countries are increasing spending sans an increase in ...

The recent GDP estimates released are Quarterly estimates and Year-on-Year basis. Only the agriculture sector has experienced a positive growth figure of 3.5 per cent in the past quarter. Among the key sectors, the steel industry continues to suffer a ...