Centre for Monitoring Indian Economy
Army recruitment scheme: Government fails to douse Agnipath fires
June 19, 2022
Caught totally by surprise over the widespread violent protests that have been taking place across India against the revised recruitment scheme for the Indian defence forces, the government has been trying various measures to ease the anger of the youth and restore peace as viole...
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Budget 2020-21: A battle of unequals
February 6, 2020
With consumption at a four-decade low and unemployment at a 45-year high, finance minister Nirmala Sitharaman missed the opportunity to use the budget to boost the economy and mitigate the problems of rural India. The Indian budget for fiscal year 2021, starting in March, was pre...
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New industrial policy for India soon
August 14, 2018
As the General Elections draw near, a new industrial policy is being finalised by the Modi government. This policy is much needed to modernise India's factories, generate millions of jobs, achieve global standards and boost exports. But is it too late in the day?
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RBI raises repo rate again
August 5, 2018
Last week, the Reserve Bank of India raised the repo rate, the interbank overnight lending rate. The second increase in three months points to rising inflation and coupled with higher fiscal deficit and high crude prices spells trouble for the Indian economy.
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India becomes the sixth largest economy in the world
July 15, 2018
According to the latest World Bank data India has an estimated per capita income of USD 7,060 while France has USD 43,720 that is around six times more than that of India.
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