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Subdued GST collections, lower tax devolution will impact state finances, pose macro risks -Jayanta Roy and Aditi Nayar

ort of their budget estimates for 2019-20. This may result in large fiscal slippages or cutbacks in expenditure at the state level towards the end of this financial year. The latter is a risk for the Economic Growth outlook of the country, and for the liquidity position of corporates that are engaged in projects at the state level. Tax revenues earned by state governments are classified as own tax revenues and devolution of central taxes. Own tax r

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Energy, food and leaky pipes: How to solve India's water crisis -Ravi Purushothaman

is nested in a cluster of other risks that are increasingly interconnected. In Chennai, India, millions of people already find themselves short of water. In addition, all of the top 10 cities for Economic Growth in the next two decades will be in India. The reality is that as economies develop and populations grow, so does the demand for resources such as freshwater, land and energy. The global numbers paint a clear picture: agriculture account

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The link between jobs, farming and climate -Pulapre Balakrishnan

o goose the economy. But should we be worried? Those who heard the address to the United Nations climate change summit by the teenager Greta Thunberg earlier this month may not be as worried about Economic Growth as the government is. Globally, industrial growth driven by mindless consumption is the cause of climate change, now unmistakably upon us. But India does need some growth as income levels here are still very low. The problem of low incomes

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What can be done to address the demand drought in our economy? -Suresh Seshadri

-The Indian Express Why tax sops are not enough? What can policy makers do? The story so far: A worryingly persistent slowdown dragged Economic Growth in India down to 5% in the fiscal first quarter, its weakest pace in more than six years. And while the recent weeks have seen the possible reasons for the slowdown, as well as the government’s policy measures to ostensibly help revive the economy being put under the spotlight, the missing

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The corporate tax cut could undermine the promise to cap the fiscal deficit

l players are not expected to benefit at all. The government is hoping that the lower tax rate will persuade foreign multinationals to set up plants in the country, jump-starting investment, jobs and Economic Growth that sank to a six-year low of 5 per cent in the quarter ended June 30. But a low tax regime is only one of the factors that investors will look at closely: they need to see demonstrable action to ease the pangs of doing business in India.

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For the demographic dividend -Amitabh Kundu

der ones. The decline in TFR would lead to reduction in the dependency rate. A reduction in the share of children and an increase in the adult population are important for achieving a high rate of Economic Growth since it will lead to an increase in the percentage of the working population. India is expected to grow at least 6.5-7.5 per cent per annum in the coming three decades, as per the predictions of the Asian Development Bank. This record gro

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The slow climb to the trillion economy peak -Indira Hirway

at India would be a $5-trillion economy in 2024, a line that has been picked up by ruling party leaders, Ministers and also senior government officers. However, this is surprising as the impact of Economic Growth on major development goals — examples being improvement in education, health and overall human development/human capital formation; expansion in productive employment for all and environmentally sustainable development, etc — d

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Why India's growth figures are off the mark -Arun Kumar

rather than shrink. They were way off the mark since the global economy was rapidly slipping into a great recession. Explaining the markdown Is India facing a similar situation at present? The Economic Growth rate (quarterly) has been sliding for the last five quarters from 8% to 7% to 6.6% to 5.8% and now to 5%. Yet, experts have been talking of a 7% annual rate of growth; every quarter when the rate of growth has been announced, they have arg

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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)

The rural economy continues to suffer from inadequate crop prices. Unemployment is at a 45-year high for 2017-18. The overall situation is dire. Consumption, which was a reliable engine to propel Economic Growth, has slowed to an 18-month low. The fact that sales of ?5 biscuits have declined tells its own story. The drop in consumption is also affected by the limited availability of consumer loans and a drop in household savings. We are already ex

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Women MLAs better at improving growth: Study -Aanchal Bansal

-The Economic Times They raise Economic Growth in constituencies by about 1.8 percentage points per year more than male counterparts, says study. NEW DELHI: A study has found that women legislators in India are better at encouraging Economic Growth in their constituencies than their male counterparts. The findings come at a time when the Narendra Modi government is looking at ways to broaden women's

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