S. Sethuraman writes: The Union Budget for 2010-11 marks a significant stage in Indian economy’s growth rebound, enabling Government to make a calibrated exit from stimulus measures taken earlier to weather the global crisis, advance further the inclusive development processes, and, at the same time, resume the path of time-bound fiscal consolidation. The pragmatism underlying [...]

Ashok Handoo writes: The latest budgetary exercise has clearly been an attempt to reconcile two equally pressing considerations—economic growth and financial consolidation. While growth is important to have a larger cake to share, financial consolidation is needed to ensure that the gains do not dissipate as a consequence of inflation.
Fortunately, what the country is witnessing [...]

Dr. Sheetal Kapoor writes: Consumer Affairs today encompass all aspects of consumer welfare and has been Internationally recognized in recent times. Consumer is considered as an inevitable part of the socio-economic-political system, where the exchange initiated and transaction realised between two parties, namely buyers and sellers has an impact on a third party i.e., society. [...]

Ashok Handoo writes: The recent statements by the Prime Minister and other leaders, at the national and international fora, about India’s current economic status have one common thread – that the Indian economy is recovering fast and it is time we begin thinking about rewinding the stimulus packages we have been pursuing for the last one [...]

New Delhi: Finally, the country has managed to record a 6.7 percent growth in financial year 2008-09, despite the global economy still in the throes of a deep recession. This has been vindicated by the official figures released recently. This growth rate, though, much lower than the 9 percent rate that we have been clocking [...]

Earlier this week the Group of Twenty leaders announced a USD 1.1 trillion booster-dose into the world economy by the end of 2010 through multilateral institutions like the International Monetary Fund (IMF). However, in July 2008, analysts from Cambridge and Yale Universities had reported that tuberculosis (TB) in countries with IMF loans rose sharply.
The strict conditions on IMF loans were blamed [...]

New Delhi: Is the Indian economy showing early signs of revival or a turnaround? It may be too early to say yes, but the figures thrown up in recent days certainly point to that. And that should be good news for the managers of the Indian economy. Despite that there is no room for complacency [...]

Despite of Indian government’s assurance that India will not be affected by the global economic recession, about 2.5 million people are estimated to lose their jobs in India by end of 2009. Not only that more people than ever in the past decade will be jobless, but even the governments are resorting to extreme cost-cutting [...]

With the advent of 2009, economists are debating the extent of the impact of global meltdown on the Indian economy in 2009. The predictions range between somewhat optimistic to fairly pessimistic. But the common thread running is that 2009 will be challenging, indeed.
The Deputy Chairman of the Planning Commission Mr. Montek Singh Ahluwalia says the [...]