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Fiscal support for growth in 2020 decade likely to be lower, says report - Vimarsana News

Fiscal support for growth in 2020 decade likely to be lower, says report

Fiscal support for growth in 2020 decade likely to be lower, says report ​ By IANS | Published on ​ Sat, Jan 23 2021 15:03 IST | ​ 0 Views Graph. (File Photo: IANS). Image Source: IANS News Mumbai, Jan 23 : The fiscal support toward economic growth in the 2020 decade is expected to be lower than in the previous corresponding period, Motilal Oswal Financial Services said in a report. According to the report, the likely lower support will be caused due to Centre's efforts for fiscal consolidation. Notably, the report pointed out that government has shown 'remarkable' resistance to an...

Next 10 years make-or-break decade for Indian economy: Economists - Vimarsana News

Next 10 years make-or-break decade for Indian economy: Economists

Next 10 years make-or-break decade for Indian economy: Economists SECTIONS Share Synopsis If everything goes according to plan, India will be able to reap the fruits of its favourable demography over 2030s and 2040s, before she loses that edge in the 2050s, according to economists. The economy grew at an average rate of 7.7% in the past two decades. MUMBAI: After two decades of stop-start economic growth, India’s long-term economic fortunes now hinge on how the third decade of the 21st Century turns out for the economy to elevate itself to a middle-income economic powerhouse. Economists sa...