Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Economists ask FinMin to focus on growth rather than fiscal consolidation
The New Indian Express Hubballi
|December 07, 2024
WITH the second quarter GDP growth falling to a 7-quarter low of 5.4%, economists have asked the government to shift its policy focus to growth rather than fiscal consolidation.
In a pre-budget meeting with finance minister Nirmala Sitharaman on Friday, a delegation of economists suggested the government readdress the pace of fiscal consolidation and take measures to boost consumption.
"Right now whether it is the RBI's monetary policy or the government's fiscal policy, the focus on growth has taken a back seat and there is a need for course correction," said an economist, who was in the meeting, while talking to TNIE.
This story is from the December 07, 2024 edition of The New Indian Express Hubballi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Hubballi
The New Indian Express Hubballi
India's chess World Cup campaign over
GRANDMASTER Arjun Erigaisi was knocked out of the FIDE World Cup, losing to Wei Yi of China 1.5-2.5 in the first set of tiebreak games here on Wednesday. It was a shocker for Arjun who ran out of luck in the rapid tiebreak games wherein the Chinese put pressure in the first game before eventually drawing while in the second Arjun just lost control and will have to go back home.
1 mins
November 20, 2025
The New Indian Express Hubballi
Brave cop killed in C’garh Maoist encounter
Struck by Naxals’ bullets, he fought till the end
2 mins
November 20, 2025
The New Indian Express Hubballi
Rinku ends TN's bid to qualify for quarters
SORRY SEASON FOR TAMIL NADU
1 mins
November 20, 2025
The New Indian Express Hubballi
India, Germany system to avoid copter crash
SOON India and Germany will manufacture Obstacle Avoidance Systems (OAS) in India, which will arm the military helicopters to avoid accidents like the one in which General Bipin Rawat, India’s first Chief of Defence Staff, lost his life.
2 mins
November 20, 2025
The New Indian Express Hubballi
1 more BLO dies, Didi says EC must stop SIR
ONE more booth-level officer (BLO) died on Wednesday in West Bengal allegedly due to work pressure in connection with the ongoing special intensive revision (SIR) of electoral rolls in the state.
1 min
November 20, 2025
The New Indian Express Hubballi
Amid Pak blockade, AI seeks govt’s help for using China military airspace
AIR India has asked the Centre to persuade China to allow their aircraft to use a section of its restricted military airspace in Xinjiang as the ongoing Pakistani airspace closure continues to inflict steep financial losses on Indian carriers. India-China flights resumed only last month after a five-and-a-half-year suspension.
1 min
November 20, 2025
The New Indian Express Hubballi
CLOUDS ON THE NUCLEAR HORIZON
OURS before his October 30 meeting with Xi Jinping, Donald Trump announced that he had instructed the US department of war to “start testing nuclear weapons on an equal basis” immediately.
3 mins
November 20, 2025
The New Indian Express Hubballi
Now, TMC MP lodges complaint against Guv
THE four-day clash between West Bengal Governor CV Ananda Bose and Trinamool Congress MP Kalyan Banerjee escalated on Wednesday.
1 min
November 20, 2025
The New Indian Express Hubballi
Modi to attend G20 summit in Joburg
PRIME Minister Narendra Modi will travel to Johannesburg, South Africa, from November 21to 23 to participate in the 20th G20 Leaders' Summit, External Affairs Ministry announced on Wednesday.
1 mins
November 20, 2025
The New Indian Express Hubballi
Cong dilemma in Upper House
With assembly seats shrinking post Bihar rout, party may lose ground in polls for 75 RS seats next yr
2 mins
November 20, 2025
Listen
Translate
Change font size