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Who can help utilise our development budget? - Vimarsana News

Who can help utilise our development budget?

It has been observed that monitoring & evaluation functions within ministries and their departments are poorly understood, under-funded, and underutilised.

YES Bank lowers its FY 2021-22 growth estimate for India to 8.5% - Vimarsana News

YES Bank lowers its FY 2021-22 growth estimate for India to 8.5%

Its previous projection was 10.5 per cent. "While all indications pointed to a stable recovery process before the 2nd wave struck, this is now likely to be pushed back to an extent. For FY22, we expect real GDP growth at 8.5 per cent, weaker than our previous estimate of 10.5 per cent," said the report titled 'India GDP: Marathon effort ahead' prepared by Yes Bank's Economist department. It noted that the implementation of lockdown-like restrictions due to the second wave is likely to create a break in the normalisation process in the growth that had started as the economy was unlocked aft...