DMPQ- The estimated growth of 7.53% in ‘nominal’ terms is the lowest since 1975-76. Also, this is the first time since 2002-03 that nominal GDP growth is projected to be in single digits. Why is this a major concern?

National Statistical Office (NSO) released the first advance estimates of the national income that projected growth in India’s GDP at market prices for 2019-20 at 4.98% in “real” terms, the lowest since the 3.89% in the global financial crisis year of Read More …

DMPQ-The growth of Indian economy since 1991 reforms can be described as the service sector led economic growth. Analyze its major impacts on the Indian Economy? Do you think that service sector led growth is sustainable in the long run? Give reasons with statistical support?

The period 2000-2010 was a golden period for growth of services in India, one of rapid services-led economic growth in India; the economy grew at an average annual rate of 7.2 per cent, and around 63 per cent of this Read More …

DMPQ-. The declining growth in agriculture owing to two consecutive drought years indicating a building up rural distress, discuss a roadmap to ensure complete agrarian transformation of sort to ensure sustainable livelihoods for the farmers and food security for the population?

The decline in agriculture growth is attributed to two consecutive drought years; as 60% of Indian agriculture is rain-fed. A target of 4% growth has been envisaged for agriculture and allied sectors for twelfth plan period, however, the growth was Read More …