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Finance and Economics

Central hub for discussion on Finance & economics

Rahul Singhla , Thinker, Blogger, UPSC aspirant. Oct, 15 2016

The Big Picture- Is The Indian Economy Stressed?


Reference: RajyaSabha TV

The economists and analysts have mixed answers on the status of Indian economy at present. A good monsoon, the 7th Pay Commission bonanza going into the pockets of the government servants leading to a demand creation, a 7% GDP at GVA, increased revenue collections, Rs.65000 crore black money disclosure are all signs of an economy looking up. However at the same time, huge bad and stressed loans from the banks, slump in credit growth in industrial sector, job creation not happening are some of the clear indications of economy under stress.
Reference: RajyaSabha TV The economists and analysts have mixed answers on the status of Indian economy at present. A good monsoon, the 7th Pay Commission bonanza going into the pockets of the government servants leading to a demand creation, a 7% GDP at GVA, increased revenue collections, Rs.65000 crore black money disclosure are all signs of an economy looking up. However at the same time, huge bad and stressed loans from the banks, slump in credit growth in industrial sector, job creation not happening are some of the clear indications of economy under stress.

Rajshekhar , student at BITS goa. I am here to learn. Oct, 16 2016


Real challenge lies in reducing NPA, recovering money and getting more and more black money in the mainstream.


Rohit pande , Have a view on many things but happy to thras Oct, 16 2016


You outline laudable macro goals. But for the teeming billions. how about quality healthcare cover, meaningful education and above all jobs commensurate with education levels. India needs to look at the way it defines GDP.


Aditya Singh , Starting up. Just learnt before launch its ca Oct, 16 2016


Both are completely different approaches but both are needed to strengthen the economy.


Nikhil Dua , BITS alumnus, Market research analyst at Cred Oct, 15 2016


It's a very good watch. The confusion is on how much the services sector is growing, what happens to the index of industrial production and what happens to the GVA as per new data. For this, the RBI or the Ministry of Finance needs to make an attempt to sort these confusions out and make the true picture of growth clear.
It's a very good watch. The confusion is on how much the services sector is growing, what happens to the index of industrial production and what happens to the GVA as per new data. For this, the RBI or the Ministry of Finance needs to make an attempt to sort these confusions out and make the true pi