Economic growth

FM Speak | India – next wave of Inclusive growth

Following is the Speech of the Union Finance Minister Shri P. Chidambaram at India Day: India - Next Wave of Inclusive Growth today at ADB Meeting at IEML, Greater Noida today: President, ADB, President, FICCI, delegates to the ADB Annual meeting and friends, I am happy to be here today, when there is renewed optimism in India™s… Read More

Tags: ADBEconomic growthEconomy of IndiaFICCIGDPGross domestic productIndiaP. Chidambaram

Monetary Policy Statement for 2013-14 Statement by Dr. D. Subbarao, Governor, Reserve Bank of India

"First of all, on behalf of the Reserve Bank, a hearty welcome to you all to this dissemination of the Monetary Policy Statement for 2013-14, which we put out a short while ago. 2. Based on an assessment of the current and prospective macroeconomic situation, we have decided to reduce the policy repo rate under… Read More

Tags: Bank RateCentral Statistics OfficeEconomic growthGDPInflationMonetary policyRepurchase agreementWholesale price index

RBI Release – Monetary Policy Statement 2013-14

By Dr. D. Subbarao Governor Introduction The Annual Policy for 2013-14 is formulated in an environment of incipient signs of stabilisation in the global economy and prospects of a turnaround, albeit modest, in the domestic economy. 2. In the advanced economies (AEs), near-term risks have receded, aided by improving financial conditions and supportive macroeconomic policies. But this… Read More

Tags: BrazilCentral Statistics OfficeDuvvuri SubbaraoEconomic growthIndiaInflationMonetary policyrbiReserve Bank of India

Government sets up Inclusive Innovation Fund

The Government has set up an Innovation Fund for inclusive economic growth. National Innovation Council in collaboration with Ministry of Micro, Small and Medium Enterprises (MSME) has proposed to set up a dedicated fund in the name of ˜India Inclusive Innovation Fund™ for promoting grass root innovations with social returns as well as modest economic… Read More

Tags: BusinessEconomic growthGovernmentIndiaMinistry of Micro Small and Medium EnterprisesMSMENational Innovation CouncilSmall

Year-on-Year Foreign Investment Requirement as a % of GDP

Increase in Capital Investment  Various factors including the rates of savings and investment, productivity of resources, adoption of technology, availability of human capital and infrastructure, cost of finance, foreign trade and demand for the domestic product, capital flows, governance, nature of economic and regulatory institutions etc, influence the growth rate of an economy. Reducing impediments… Read More

Tags: Cabinet CommitteeEconomic growthEconomy of Indiaforeign direct investmentGDPGovernmentGross domestic productReserve Bank of India

Ministry of Statistics and Programme’s Statement on Industrial Production Index

Shri Srikant Kumar Jena, Minister of State (Independent charge), Ministry of Statistics & Programme Implementation announced the release of the monthly Quick Estimates of Index of Industrial Production (IIP) for the month of February 2013 compiled by the Central Statistics Office. The index is a composite indicator that measures the short term changes in the… Read More

Tags: Central Statistics OfficeEconomic growthIIPIndex of Industrial ProductionIndiaMinister of StateMinistry of Statistics & Programme ImplementationShri Srikant Kumar Jena

RBI Monetary and Credit Information Review March 2013

The Monthly Publication from RBI - Monetary and Credit Information Review March 2013 is available for download.  ****** Read More

Tags: BusinessEconomic growthFinancial servicesIndiaMonetary policyMutual fundRBI Monetary and Credit Information ReviewRBI Monetary and Credit Information Review March 2013Reserve Bank of India

Monthly Economic Report for February 2013

Ministry of Finance Department of Economic Affairs Economic Division 4(3)/Ec. Dn. /2012 MONTHLY ECONOMIC REPORT FEBRUARY 2013 HIGHLIGHTS The overall growth of GDP at factor cost at constant prices, as per Advance Estimates, is estimated at 5.0 per cent in 2012-13 as compared to the growth of 6.2 per cent during 2011-12 (First Revised Estimates).… Read More

Tags: April-January 2012-13Economic growthFiscal yearGDPGross domestic productIndex of Industrial ProductionJanuary 2012Monthly Economic Report

RBI releases Mid-Quarter Monetary Policy Review for March 2013

Monetary and Liquidity Measures Based on an assessment of the current macroeconomic situation, it has been decided to: ¢ reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 per cent to 7.5 per cent with immediate effect; Consequently, the reverse repo rate under the LAF stands adjusted… Read More

Tags: Bank RateEconomic growthFebruaryGDPIndiaInflationJanuaryReserve Bank

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