The Congress on Saturday alleged that Finance Minister Nirmala Sitharaman was 'clueless' in dealing with the economic slowdown and termed the latest steps announced by her to boost the economy as 'cosmetic' and 'piecemeal'.The party's attack came after Sitharaman announced an over Rs 70,000-crore package for export and real estate sectors, including setting up of a stressed asset fund, as the government continued with firefighting measures to pull the economy out of a six-year low growth rate.'I can only say that the finance minister is clueless as to how to deal with the gravity of the crisis,' Congress spokesperson Anand Sharma said at a press conference.After the earlier announcements of stimulus package, the situation deteriorated and the latest steps are not going to help, Sharma asserted. (PTI)
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The Congress on Saturday alleged that Finance Minister Nirmala Sitharaman was 'clueless' in dealing with the economic slowdown and termed the latest steps announced by her to boost the economy as 'cosmetic' and 'piecemeal'.The party's attack came after Sitharaman announced an over Rs 70,000-crore package for export and real estate sectors, including setting up of a stressed asset fund, as the government continued with firefighting measures to pull the economy out of a six-year low growth rate.'I can only say that the finance minister is clueless as to how to deal with the gravity of the crisis,' Congress spokesperson Anand Sharma said at a press conference.After the earlier announcements of stimulus package, the situation deteriorated and the latest steps are not going to help, Sharma asserted. (PTI)
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Jamal Mecklai, Founder & CEO of Mecklai Financial, says sovereign bond issue is an idea the government must not shelve. He says while money continues to flow into India, there is no real demand for dollar in the Indian market. In an interview with Saloni Goel of ETMarkets.com on the sidelines of the ETMarkets Global Summit, 2019, he said low investments are not on account of cost of money but rather due to worries over weak growth. Excerpts:-
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Double engine of Govt is doing double the corruption: Cong. 48hrs later authorities still clueless about massive sinkhole!
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Double engine of Govt is doing double the corruption: Cong. 48hrs later authorities still clueless
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Nitin Gadkari says that unfortunately, whatever the Finance Minister N Sitharaman said about the millennial mindset of using Olacabs & Uber was misinterpreted by the public
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Rafale row: ‘We deal in defence, no defence-dealing’, says Nirmala Sitharaman
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Former Prime Minister Manmohan Singh on Thursday attacked the Modi govt for its flawed policies that have caused the current economic slowdown and asked Congress party leaders to hit the streets to inform people about the policies of the earlier UPA government at the Centre during the global economic recession. Manmohan Singh said that when the economic recession had hit the global economy, our government (United Progressive Alliance) was able to revive the economy, while the current government's flawed policies on the economy is the reason for the slowdown.
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Desh Ki Baat | Shashi Tharoor on Massive Economic Slowdown
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Watch: RBI Governor Shaktikanta Das in an exclusive conversation with Mythili Bhusnurm as he talks on various issues including Economic Slowdown, GDP growth, Govt's stimulus packages and further rate cuts by the central bank
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ഇന്ത്യ അഭിമുഖീകരിക്കുന്ന സാമ്പത്തിക മാന്ദ്യം താല്കാലികമാണെന്ന് ലോകബാങ്ക്.
ഇന്ത്യന് സാമ്പത്തിക മേഖലയില് ഗുണകരമായ ഫലമുണ്ടാക്കാന് ഇന്ത്യ നടപ്പാക്കിയ ചരക്ക് സേവന നികുതി (ജിഎസ്ടി) ഇടയാക്കുമെന്നും ലോകബാങ്ക് പ്രസിഡന്റ് ജിം യോങ് കിം അഭിപ്രായപ്പെട്ടു.ജിഎസ്ടി നടപ്പാക്കിയതിനെ തുടര്ന്ന് ഇപ്പോള് സാമ്പത്തിക രംഗത്തുണ്ടായിരിക്കുന്ന മുരടിപ്പ് താല്കാലികമാണ്. സാമ്പത്തിക വര്ഷത്തിന്റെ ആദ്യപാദത്തില് ഇത്തരമൊരു മന്ദത സ്വാഭാവികമാണ്. ജിഎസ്ടി നടപ്പാക്കുന്നതിനുള്ള നടപടികള് മൂലം ഉണ്ടാവുന്നതാണിത്. ഈ സ്ഥിതി മാറുകയും ജിഎസ്ടി ഇന്ത്യന് സാമ്പത്തിക രംഗത്ത് വലിയ കുതിച്ചുചാട്ടത്തിന് വഴിവെക്കുകയും ചെയ്യും- അദ്ദേഹം പറഞ്ഞു
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India's economic slowdown an aberration: World Bank
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केरल के टूरिज्म सेक्टर पर आर्थिक मंदी का असर | Impact of economic slowdown on tourism sector of Kerala
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