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GDP may shrink 7 5% this fiscal; policy reforms imperative, says former CEA Arvind Virmani

GDP may shrink 7.5% this fiscal; policy reforms imperative, says former CEA Arvind Virmani There is a need to re-accelerate the economic growth. Indian economy is likely to contract to 7.5 per cent in 2020-21. But it will grow in double-digit in the next fiscal year, he said PTI | January 29, 2021 | Updated 16:33 IST Recently, Moody s Investors Service revised upwards its GDP forecasts for India to (-) 8.9 per cent contraction in 2020 as the economy reflates after a long and strict nationwide lockdown but had said the recovery is patchy Indian economy is likely to contract 7.5 per cent in the current fiscal but will see a double-digit growth in 2021-22, former chief economic adviser Arvind Virmani said on Wednesday.

Community Connections | Beaufort County Now

  Publisher s Note: This post appears here courtesy of ECU News Services. The author of this post is Matt Smith. Ensuring that families have early childhood literacy tools is an important goal of the Martin-Pitt Partnership for Children. Vedika Modi, a State Employees’ Credit Union Public Fellows intern, helped the nonprofit scout new stand-alone book lending library locations as part of her internship program this fall. | Photo: Picsea / Unsplash     For many nonprofits, it s not just their mission that defines them, but the connections they build within their communities.     East Carolina University sophomore Vedika Modi learned about the importance of those connections during her internship with the Martin-Pitt Partnership for Children this fall as part of the State Employees Credit Union (SECU) Public Fellows Internship (PFI) program.

Building Businesses | Beaufort County Now

  Publisher s Note: This post appears here courtesy of ECU News Services. The author of this post is Matt Smith. Many small business owners struggle to get ideas off the ground due to a lack of resources and equipment. State Employees’ Credit Union Public Fellows intern Dejah McManus helped Wayne County Library launch Project Click! to help alleviate some of these early business building issues for library patrons. | Photo: Chris Murray / Unsplash     Libraries aren t traditionally the place you go for small business support, but one East Carolina University student is changing that perception in Wayne County. McManus, an accounting major, flexed her marketing skills to help promote Wayne County Library’s Project Click!. | Photo: Dejah McManus

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