The GDP in Q1 of FY22 is estimated at Rs 32.38 lakh crore, as against Rs 26.95 lakh crore in Q1 of FY21, showing a growth of 20.1 per cent
HOW’S THE ECONOMY FARING? That’s the question topmost in everyone’s mind as India, experiencing a lull in the raging Covid pandemic, tries to ease curbs to facilitate the revival of economic activity. Let’s hear what experts and data points have to say. To being with, the International Monetary Fund (IMF), in its July forecast, came out with its revised estimate of India’s deficit and debt relative to GDP for FY22. It pegged the general government fiscal deficit to GDP ratio at (-) 11.3 per cent, which is, in fact, the third-highest among major advanced and emerging market economies, after the US and the UK. While that may be worrisome, there are a number of green shoots that point to a robust and sustainable recovery going forward.
The recently launched National Monetisation Pipeline, which is estimated to garner Rs 6 lakh crore over FY22 to FY25, may contribute Rs 88,000 crore in FY22, but that comes with a cautionary note. “The aggregate, as well as a year on-year value under NMP, is only an indicative value. The actual realization for public assets may depend on the timing, transaction structuring, investor interest, etc.,” a senior official said.
この記事は Businessworld の August 30, 2021 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Businessworld の August 30, 2021 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Recreating The Maruti Moment In EVs
SAJJAN JINDAL on the joint venture with MG Motor, electric mobility, charging infrastructure and more
A Conduit Between Spiritual and Tech Realms
In November 2023, Vama secured a Seed Plus round led by Wavemaker Partners, bringing its total funding to USS 2.8 million
The Power Of Numerology
Renowned numerologist C CHAUDHRY strives to take numerology at par with other occult sciences
"We Are Dominating India's Astrology Market With 80-85 per cent Share"
Recording a consistent uptick on the growth graph and riding high on the spiritual tech wave in India, the founders of Astrotalk, PUNEET GUPTA and ANMOL JAIN are excited to capitalise on rising consumer demand with sights set on an IPO launch. Edited excerpts from a conversation with BW Businessworld’s Resham Suhail
Nothing is Better than Something
I RECENTLY CAME ACROSs an interesting titbit about the Apple iPad. Something that illustrates a dilemma we face all the time.
Advancing Urban Water Security in India
IN THE HEART of Bengaluru, once celebrated as the City of Lakes, an unfolding drama of scarcity paints a stark contrast against its historic abundance.
UNEQUAL NOTES.HARMONISING FISCAL SYMPHONY
THE INDIAN ECONOMY pulsates with diverse regional rhythms, creating a complex symphony of growth.
BUDGET 2024: We Need a System Thinking Approach to Rescript the India Story
While the nation is caught up in election fever, let us focus on the 2024 interim Union Budget presented by the Union Finance Minister, Nirmala Sitharaman. This could be a game-changing budget to rescript India’s growth story.
CARVING A NICHE IN THE PET CARE BOOM
With a remarkable turnout of over 20,000 attendees in its early stages, Pet Fed has swiftly become India's leading pet festival.
ZIGLY'S DRIVE FROM DISARRAY TO ORGANISED PET CARE
During a conversation with BW Business world, PANKAJ PODDAR, Group CEO of Zigly's parent company, Cosmo First, delves into the industry's increasing allure to international investors, shedding light on the startup's contribution to this trend