Tag: Gross Domestic Product
Government reports fiscal gap at 38.1% of FY26 target as of August
New Delhi: Higher spending and lower net tax collection widened the Centre’s fiscal deficit up to August in this financial year to 38.1% of the…
India must grow 12% to address job-skill mismatch: Morgan Stanley
New Delhi: The Indian economy needs to grow by 12.2%, on average each year, about twice its current pace, to address underemployment (jobs that do…
Self-reliance in focus to counter weaponisation of trade: Piyush Goyal
New Delhi: India is focusing on atmanirbharta (self-reliance) by building capabilities, supply chains and value chains, which will assure that the country will not be…
Survey to assess health of MSMEs likely next year
New Delhi: For the first time, India is considering undertaking a comprehensive check-up of its micro, small and medium enterprises (MSMEs), a sector that contributes…
Mechanism set up for sharing sectoral growth trends with ministries
New Delhi: The statistics ministry has set up a mechanism to share sectoral growth trends with relevant ministries following the release of gross domestic product…
What’s the difference between fiscal deficit, trade deficit and CAD?
Much like we handle our household budget, the ruling government of a country handles its finances and budgeting. As family members draw an income and…