Page 117 - Programme Implementation News Today

Indias GDP contracts 7.3% in FY21; grows at 1.6% in Q4 On the lines of forecasts by professional agencies, economy continued its expansion in January-February quarter though recent rise in infections played spoil sport. This is second consecutive quarter when GDP grew in positive territory in FY21 Manoj Sharma | May 31, 2021 | Updated 18:17 IST Economy had grown 4.18 per cent in FY20 and 6.12 per cent in FY19 Indias economy grew at 1.6 per cent in the fourth quarter of 2021-21, recording a sli...

In Q3, economy stepped out of recession for the first time after registering negative growth for two consecutive quarters in 2020-21. Growth was recorded on record investment and government expenditure even as private expenditure lagged behind amid Covid-

During the first quarter of 2020-21, India's GDP had shrunk by 24.38 per cent, hit mainly by the Covid-19 pandemic.

As many as 470 infrastructure projects reported cost overrun of over Rs 4.38 lakh crore as of May 1, 2021.The Flash Report on Central sector projects for April published by the Ministry of Statistics and Programme Implementation showed that 525 ...

Read more about 470 infrastructure projects show cost overruns worth Rs 4.38 trillion on Business Standard. As many as 470 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.38 trillion, according to a report.

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,737 such projects, 470 reported cost overruns and 525 were delayed

The average time overrun is 45.63 months. Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages.

Hardline stance from Malta against migration pact Malta takes hardline stance at EP against new migration pact, says it provides no reassurances to frontline member states 27 May 2021, 6:34pm by David Lindsay Malta has taken a hard ine stance at the European Parliament against most of the leading elements of the New Pact on Asylum and Migration, which the Portuguese EU Presidency is determined to wrap up by the end of its term. Speaking at a EP hearing on Thursday on the proposed pact, Malta ...

WPI Inflation rising to 11-year high in April major surprise; to rise further in May: Barclays Barclays says perishable food products -- especially vegetables and fruits -- minerals and basic metals drove the inflation surge in April, which may "precede an increase in the CPI in the coming weeks" BusinessToday.In | May 17, 2021 | Updated 15:47 IST The current surge in WPI is likely too high for the RBI to ignore, says Barclays Wholesale Price Inflation (WPI) climbing to an 11-year high of 10.4...

Indias wholesale inflation accelerated to 10.49 per cent in April on account of a surge in the prices of fuel and manufactured products, data released by the commerce and industry ministry showed. Wholesale inflation rate, measured by WPI, has been rising continuously since December. It soared to an eight-year high in March to 7.39 per cent. The latest price data released by the government on Monday showed that food prices rose to 4.92 per cent in April, along with a massive price surge in ma...