Economic Challenger

  JULY-SEPTEMBER 2024 ISSUE India intends to peg its target for fiscal deficit in FY25 at 5.1% of gross domestic product(GDP) in the upcoming budget to be presented by Finance Minister Nirmala Sitharaman. A Blueprint for Viksit Bharat (Developed India) should emphasise job creation through labour-intensive manufacturing, providing credit for MSMEs, keeping the continued focus on expanding service exports and further consolidating to a fiscal deficit below 4.5% of the GDP by FY26.  The current issue of Economic Challenger brings many research topics concentrating on the above themes. Have a look at its contents;

  EDITORIAL JULY-SEPTEMBER ISSUE Indian Economy On a High Growth Trajectory India's economy begins FY 2024 with a big score.  The Indian economy has recorded an 8.4 per cent GDP growth in the October-December quarter of FY24 has "surpassed" all expectations, and the economy is on a high growth trajectory due to sustained reforms undertaken by the government. India's economic growth accelerated to 8.4 per cent in the October-December quarter of this fiscal, driven by double-digit growth in manufacturing and a good showing by mining & quarrying and construction sectors. These strong GDP growth numbers for the third quarter (YoY) are quite surprising despite the instability due to geo-political flashpoints worldwide.  Structural reforms and improvements in ease and cost of doing business have facilitated high GDP growth domestically. This gives us confidence that the Indian economy will continue to grow at a 7 per cent plus growth rate over the medium term. The doubl

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  APRIL-JUNE 2024 ISSUE Continuing the journey Economic Challenger has again brought out an array of research articles that will promote further research in varied fields. 

  ARTICLES INVITED Articles are invited for JULY-SEPTEMBER 2024, volume 26, Issue 104, Please choose your themes and submit your articles. 1. India continues to exhibit robust economic performance, despite global uncertainties. 2. Online bu ying is causing more pollution than offline purchases . 3. India needs the Inheritance tax.  4. The Green Investment and Financing for Trans formation   (GIFT) Scheme and the Scheme for Promotion & Investment in Circular Economy (SPICE) are meant to give incentives to MSMEs in India for green investments and circular economy. 5. Public Investment to be a key Growth Driver for India .  6 . Work Demand under the Rural Jobs Scheme (MGNREGS) in industrially developed states like Andhra declines and increases in Tamilnadu. The reasons behind it. 7 . Increasing GST collections in India underpin the economic momentum and create the groundwork for vital fiscal reforms. Fuels should be brought within the net of GST.  All states should cooperate now. 8.