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C+I+G+(X-M) This ubiquitous equation which adds up the country's GDP is one that may need concentrated attention as the Indian economy emerges from the Covid crisis.
Which of those components will contribute to GDP growth? Will it be C or consumption? Will it be I or private investment? Will G, or the government, have to do the heavy lifting? Or can (X-M) or net exports give the economy the much-needed boost?
JPMorgan's Sajjid Chinoy believes that two of these components could support growth in the economy over the next six to eight quarters. ....
ICRA said that if the vaccine coverage is accelerated following the re-centralised procurement policy, then the GDP growth could be as high as 9.5 per cent, with a widening upside in Q3 and Q4 of FY22 ....
According to Department of Economic Affairs, the higher economic growth during the fourth quarter may be linked to the unlocking phase and revival in business that was underway during the period. ....
The Reserve Bank, which was the earliest to act with rate cuts and liquidity enhancement measures, has run its course now and will play a limited role in the recovery by ensuring stable financial conditions, Bhattacharya told reporters on the eve of the central bank s bi-monthly policy review. ....