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Water Pollution Can Reduce Economic Growth By A Third, Says World Bank

Wednesday, August 21, 2019, 7:48 AM

Heavily polluted water is reducing economic growth by up to a third in some countries, a World Bank report said Tuesday, calling for action to address human and environmental harm. The report relied on what the Bank said was the biggest-ever database assembled on global water quality using monitoring stations, satellite data and machine learning models.
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RBI in sync with government efforts to accelerate growth: Shaktikanta Das

Monday, July 22, 2019, 10:43 AM

The Reserve Bank of India(RBI) is doing everything at its disposal to be in sync with the government's efforts to accelerate economic expansion, be it interest rate cuts, ensuring sufficient liquidity or enabling more bank lending, governor Shaktikanta Das said in an interview. But global economic uncertainty due to trade tensions, corporate leverage and sector-specific issues have been a drag on growth, he said.
 
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Centre Clarifies After Ex-Chief Economic Adviser Says "Growth Overestimated"

Wednesday, June 12, 2019, 8:51 AM

Estimates of the country's economic growth are based on "accepted procedures, methodologies and available data", government said after former Chief Economic Adviser Arvind Subramanian suggested in an article in The Indian Express that the figures were overestimated. He said the actual growth figures were closer to 4.5% and not 7% between 2011 and 2017, over a period spanning the UPA2 and the NDA1 governments.

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