Montek Singh Ahluwalia, economist and former deputy chairman of the erstwhile Planning Commission

levels by the end of this year, former deputy chairman of erstwhile Planning Commission Montek Singh

The Centre's fiscal deficit at the end of the first seven months of financial year 2024-25 touched 46.5 per cent of the full-year target, government data showed on Friday.In absolute terms, the fiscal deficit--the gap between government's expenditure and revenue--was at Rs 7, 50, 824 crore during April-October period, according to data released by the Controller General of Accounts( CGA). The deficit stood at 45 per cent of the Budget Estimates( BE) in the corresponding period of 2023-24.In the

India is better positioned than many other emerging markets to deal with US tariffs and global trade disruptions due to robust internal growth drivers, a sizable domestic economy, and a low dependence on goods trade, Moody’s Ratings said on Wednesday.... It added, however, that export-linked sectors, such as automotives, remain exposed to global trade challenges, despite diversified operations.... While higher defence spending could weigh on India’s fiscal strength and slow fiscal consolidatio

A fresh survey to identify a minimum of eight million new beneficiaries of the flagship rural housing scheme, in addition to the 12 million already identified, will use the latest face-recognition tools to minimise gaps, a senior official said on Tuesday.... The survey, which has already started across the country for building the fresh 20 million new rural houses over the next five years, can also be done by the beneficiary himself/ herself as well through the Awaassoft mobile application spec

Former chief economic advisor( CEA) Arvind Subramanian in his latest paper on Thursday highlighted the underperformance of the Indian manufacturing sector due to the rise in multi-plants, where a firm sets up multiple production facilities within a state.... Presenting his findings at a seminar organised by the policy think tank Centre for Social and Economic Progress( CSEP), Subramanian argued that multi-plants have grown dramatically over time.... The share of multi-plants increased to 30 pe