Achieving inclusive growth has been one of the main priorities of the Government of India. The Government is implementing various programmes/schemes for creating better employment opportunities and improving the education and health status of all citizens for equitable and broad-based inclusive growth of the country. The “SAARC Social Charter India Country Report 2018” is the seventh country report which maps various programmes/schemes of Government of India targeted towards achieving the objectives of the SAARC Social Charter in the country.
The Government of India has announced a National Manufacturing Policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. The National Investment & Manufacturing Zones (NIMZs) are an important instrumentality of the manufacturing policy. The NIMZs are envisaged as integrated industrial townships with state of the art infrastructure; land use on the basis of zoning; clean and energy-efficient technology; necessary social infrastructure; skill development facilities etc. to provide a productive environment for persons transitioning from the primary to the secondary and tertiary sectors.
India’s US$2.6-trillion economy is estimated to grow by 7 per cent in fiscal 2018-19 ending March 31 2019, compared with a growth of 7.2 per cent in fiscal 2017-18. Meanwhile, the growth of Gross Value Added (GVA) at constant basic prices for the year 2018-19 is estimated to be 6.8 per cent, as against GVA growth of 6.9 per cent for 2017-18.
India is increasingly a focal point for the fashion industry, reflecting a rapidly growing middle-class and increasingly powerful manufacturing sector. These, together with strong economic fundamentals and growing tech-savvy, make India too important for international brands to ignore, as per a joint study by McKinsey & Co and Business of Fashion (BoF)
he growth of India’s real gross domestic product (GDP) for the first half of 2018-19 was 7.6 per cent, as compared with growth of 6 per cent in the first half of 2017-18. Meanwhile, the growth of Gross Value Added (GVA) at constant basic prices for the year 2018-19 is estimated to be 7.0 percent, as against GVA growth of 6.5 per cent (PE) for 2017-18.
The global banking reform agenda made further progress in 2017-18. In India, the Reserve Bank ushered in a revised framework with the insolvency and bankruptcy code as the focal point in pursuit of declogging of banks’ balance sheets from the overhang of stressed assets. Going forward, issues such as recapitalisation, improvement in banks’ corporate governance, implementation of Ind-AS and containment of cyber security risks may assume prominence.
The growth of India’s real gross domestic product (GDP) for the first half of 2018-19 was 7.6 per cent, as compared with growth of 6 per cent in the first half of 2017-18. The growth of GDP at constant prices for the second quarter of 2018-19 was 7.1 per cent, as compared with 6.3 per cent a year earlier.
The growth of India’s gross domestic product (GDP) at constant prices for the first quarter of the financial year 2018-19 was 8.2 per cent, reinforcing the upswing trend started since the second quarter of 2017-18. As a result, India’s US$2.6-trillion economy is estimated to grow by as much as 7.5 per cent over the financial year ending March 31 2019.
The value of merchandise exports declined by 2.2 per cent, while imports increased by 10.5 per cent in September 2018 over September 2017. The nation’s foreign exchange reserves stood at US$400.5 billion as of end-September and US$393.5 billion as of October 19, 2018.
The value of merchandise exports and imports increased by 19.2 per cent and 25.4 per cent, respectively, in August 2018 over August 2017..
The growth of India’s gross domestic product (GDP) at constant prices for the first quarter of financial year 2018-19 was 8.2 per cent, reinforcing the upswing trend started since second quarter of 2017-18.
India’s US$2.5 trillion economy is estimated to grow by 6.7 per cent over the financial year ending March 31 2018.
The growth of India’s gross domestic product (GDP) at constant prices for the fourth quarter of financial year 2017-18 was recorded at 7.7 per cent, which is higher as compared with the growth registered in previous six quarters.
The production of eight crore infrastructure industries grew by 4.1 per cent in March 2018, as compared with 5.2 per cent in March 2017.
India’s gross domestic product (GDP) growth at constant prices was recorded at 7.2 per cent during the third quarter of financial year 2017-18. This was higher than the growth registered in previous four quarters..