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The Tectonic Shift in India s Economic Policy

The new economic thinking is based on three key principles: growth and efficient welfare; ethical wealth creation; and a virtuous cycle for economic development. Together, these would lead to a decade of inclusive growth

India well-armed to tackle second wave: Finance Ministry

India well-armed to tackle second wave: Finance Ministry SECTIONS Share Synopsis The boost to infrastructure and capital spending in the budget along with the AtmaNirbharBharat Mission would contribute to the resilience of the economy and lead to brighter prospects in the new fiscal, the report said. Getty Images India was well-armed to combat any downside risk posed by the recent surge in Covid-19 cases on account of the vaccination drive and its experience from managing the pandemic during the first wave, the finance minister said in its Monthly Economic Report for March. The boost to infrastructure and capital spending in the budget along with the AtmaNirbharBharat Mission would contribute to the resilience of the economy and lead to brighter prospects in the new fiscal, the report said.

Growth, Inflation Outlook Portends more Than Full Recovery In 2021-22: FinMin Report

Rebooting Economy 59: Quantum jump in fiscal spending is what India needs immediately

Rebooting Economy 59: Quantum jump in fiscal spending is what India needs immediately First advance estimates of national income highlight three key imperatives to revive growth: generate demand and investment cycles by directly spending more and reverse import substitution Prasanna Mohanty | January 18, 2021 | Updated 11:31 IST The estimates for FY21 further show that, three out of two components of industry, mining and quarrying and manufacturing will have minus 12.4% and minus 9.4% growth Less than a fortnight to go before the FY21 budget presentation, the state of Indian economy does not look good, notwithstanding the hypes around faster than expected , V or K-shaped recovery or a never before budget . For any such change to happen, India needs a drastic course correction that may be easier said than done in a top-down polity.

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