Indian Economy Review by Mr AK Bhattacharya, Editorial Director, Business Standard | May 2021

•  Growth prospects take a hit after 2nd wave of COVID-19•  Finance Ministry plays down the overall impact on economy•  RBI rolls out package to address concerns over COVID-19•  Fillip to bond buying programme to help soften yields •  Loan restructuring move to help stressed MSMEs•  False cheer on industrial growth, real concern on inflation  • […]

Indian Economy Review by Mr AK Bhattacharya, Editorial Director, Business Standard | May 2021

HIGHLIGHTS •  Growth prospects take a hit after 2nd wave of COVID-19•  Finance Ministry plays down the overall impact on economy•  RBI rolls out package to address concerns over COVID-19•  Fillip to bond buying programme to help soften yields •  Loan restructuring move to help stressed MSMEs•  False cheer on industrial growth, real concern on inflation […]

Indian Economy Review by Mr AK Bhattacharya, Editorial Director, Business Standard | April 2021

H I G H L I G H T S •  Economic growth prospects for 2021-22 take a hit•  Inflation concerns may worsen, impacting RBI’s options•  Second Covid wave sees fewer curbs on economic activity•  A shift in the vaccination strategy; states to do heavy lifting•  New strategy reduces Central spend on vaccines•  Maruti exudes optimism on car sales​​​​​•  Automobile sales back […]

Indian Economy Review by Mr AK Bhattacharya, Editorial Director, Business Standard | March 2021

H I G H L I G H T S •  A lower fiscal deficit for 2020-21, thanks to higher tax revenues•  March pick-up in exports helps reduce full year’s trade gap•  GST collections recovery reflects improved procedures•  No change in inflation targeting regime, but prices up•  Economy tracker: Covid surge shows a deceleration in activity•  Three relaxations that impacted India […]

Indian Economy Review | January 2021

H I G H L I G H T S •  Different strokes : Higher NPAs and a glorious summer•  GST collections buoyant, augurs well for recovery prospects•  Automobile manufacturers see green shoots of recovery•  Power consumption and railway freight pick up•  Investment in new projects still a cause for worry•  Unemployment rate lower, but mixed […]

Indian Economy Review | December 2020

H I G H L I G H T S •  Rerating of economic recovery prospects •  Most agencies upgrade India growth estimates•  Is India in a recession? Not really!•  The other upsides of the Indian economy•  A seven-pronged strategy from the RBI•  Industrial output bounces back, but will it be sustained?•  Retail inflation down, but […]

Indian Economy Review | November 2020

H I G H L I G H T S •    In spite of recovery, growth set to elude India in 2020-21 •    Govt finances show the stress, but they are getting better•    Opening up banking to corporates raises hackles of experts•    Extending PLI scheme to 10 sectors: A double-edged sword?•    Stimulus III: Fiscal cost contained […]

Indian Economy Review | October 2020

H I G H L I G H T S •    Worrying signs in state finances•    State Budgets shrinking with expenditure cuts•    Stimulus II, but with negligible impact on the fisc•    LTC measures may benefit 850,000 govt staffers•    6 % rise in Central capex, but states may be worried•    Confusion over GDP contraction estimates•    Implications […]

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