IndianEra > Government > Indian Economy Current Scenario: Live Updates and Important Notifications

This page covers all important live updates, government notifications, celebrity and political quotes, key press releases, etc., related to the Indian economy in view of the economic slowdown that made to the top headlines over the period.

Here it goes…

Live Updates

Indian Economy

  • “Modi and his dream team of economic advisors have literally turned the economy around. Earlier: GDP: 7.5%, Inflation: 3.5%. Now: GDP: 3.5, Inflation: 7.5%,” Rahul Gandhi, Indian National Congress. “The PM and FM have absolutely no idea what to do next,
  • India’s Top 10% People Hold 77.4% of National Wealth
  • Given the size of the Indian economy in the global GDP right now, if you have a significant downward revision for India, then it does have an impact on global growth so we revised global growth down for 2019 by 0.1% and the vast majority of that comes from the downgrade for India,” Gita Gopinath, Chief Economist, IMF
  • The strong absorbent capacity of the Indian economy shows the strength of basic fundamentals of the Indian economy and its capacity to bounce back. PM Narendra Modi
  • “Export growth slowed sharply as world trade stagnated, while investment fell victim to a homegrown Balance Sheet crisis, which came in two waves,” says Arvind Subramanian, former Chief Economic Advisor, GoI

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Posted by IndianEra, 10/01/2020