Public Spending

February IIP contracts 1.2%: Bad news shows demonetisation still a drag; good monsoon only hope

In recent months, the Index of Industrial Production (IIP), has offered an inconsistent and perplexing trend with highly volatile and often contradicting numbers with the GDP figures

Andhra Pradesh CM Chandrababu Naidu urges Centre to relax FRBM norms, seeks more borrowings

Andhra Pradesh Chief Minister N Chandrababu Naidu urged the Centre to relax the limit set by the Fiscal Responsibility and Budget Management (FRBM) Act.

Stick to fiscal discipline, spend on infrastructure: Jaitley tells states

Arun Jaitley asked the state governments to spend effectively in such a manner that there is "optimum use of resources without leakages"

Economic Survey highlights Jaitley’s big dilemma — to spend or not to spend

Failure to adhere to the fiscal consolidation path can irk the international rating agencies and, in turn, can have adverse implications on the credit profile of the country

Budget 2016: Here's how Jaitley can break Chidambaram's mould to boost economy

At a time, when India’s chances are considered bright among emerging markets, it is crucial to aid the economy with sufficient growth-propellers

Don't bother missing deficit target, go for growth, say economists in poll. Is Arun Jaitley listening?

Booster dose from 7th Pay Commission: Get ready for a consumption-driven growth

The Pay Commission will boost urban consumption; if rains are generous too, the rural demand will revive.

Recovery at last? PM Modi's infrastructure splurge revives investment in India

Indian firms are, however, waiting for better returns before committing new investments

What the latest economic data mean: Modi govt is running out of time to fix the economy

Reviving manufacturing will mean getting aggressive on economic policy and reforms – GST has to be rammed through, public sector infrastructure investments have to be fast-tracked and private sector ones facilitated on priority basis

Raghuram Rajan's subtle message to Modi govt: Central banks have no panacea for economic illness

Rajan is absolutely right in observing that the central bank’s role is limited in solving economic problems. It’s a subtle message to the Modi government