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India can become world’s 2nd largest economy by 2031: RBI deputy guv

India can become world’s 2nd largest economy by 2031: RBI deputy guv

by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Indian News

Michael D Patra,Deputy Governor,RBI “These gains need to be reflected in per capita income with two milestones – a per capita income level of USD 4516-14,005 to reach middle income country status, and beyond that level to attain the position of a developed...

India’s score on SDG index shoots up as poverty level dips, economy grows

by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Health, Indian News

Between 2018 and 2023-24, the fastest moving States are Uttar Pradesh (increase in score by 25), followed by J&K (21), Uttarakhand (19), Sikkim (18), Haryana (17), Assam, Tripura and Punjab (16 each), Madhya Pradesh and Odisha (15 each), the report states New...

India fastest growing economy to clock 6.7 pc growth over 3 years World Bank

by AIP Online Bureau | Jun 11, 2024 | Eco/Invest/Demography, Indian News, Policy

“India will remain the fastest-growing of the world’s largest economies, although its pace of expansion is expected to moderate. After a high growth rate in FY2023/24, steady growth of 6.7 per cent per year, on average, is projected for the three fiscal...
India’s GDP expands 7.8 pc in Q4, 8.2 pc in FY24

India’s GDP expands 7.8 pc in Q4, 8.2 pc in FY24

by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, Indian News, Policy

The growth propelled the Indian economy to USD 3.5 trillion and set the stage for achieving the USD 5-trillion target in the next few years Financial, real estate and professional services grew 7.6 per cent in the March 2023 quarter compared to 9.2 per cent in the...

Resilient economy, price stability to support India’s promising growth story: FinMin report

by AIP Online Bureau | Apr 25, 2024 | Eco/Invest/Demography, Indian News, Policy

Overall, India continues to be the fastest-growing major economy, with positive assessments of the growth outlook for the current financial year for India by international organisations and the RBI, the Monthly Economic Review for March said New Delhi: Resilient...
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