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K R Sudhaman

By K R Sudhaman World Bank and International Monetary Fund might be gung ho about Indian economy, but emerging geo political situation in the neighbouring countries is a major source of concern and tottering economies in the sub-continent make the situation worse. India might be in a bright spot in otherwise sagging and recessionary global […]

The post Economic Instability In Neighbouring Countries Is Worrying For India first appeared on IPA Newspack.

By K R Sudhaman The preliminary official estimates by Ministry of Statistics has corroborated multilateral and other rating agencies forecast that India’s economic growth would be around 7 per cent in financial year 2022-2023. This only confirms that Indian economy is on a revival mode. The projected GDP growth may be less than 8.7 per […]

The post India Economy Is On A Revival Mode But Next Fiscal Will Be Challenging first appeared on IPA Newspack.

By K R Sudhaman World Bank has revised upwards its earlier GDP growth estimate to 6.9 per cent for India this financial year on the back of strong macroeconomic fundamentals and economic revival after Covid-19 mayhem. This is certainly music to the ears as India is perhaps a few countries looking up in otherwise gloomy […]

The post Finance Minister Must Focus On Speedy Job Generation Through 2023-24 Budget first appeared on IPA Newspack.

By K R Sudhaman India’s former chief economic adviser Arvind Subramaniam had flagged in his economic survey some years ago that India faced a major economic issue – twin balance sheet problem wherein Indian banks suffered huge debts as corporates, which had overleveraged banks were suffering huge losses resulting in defaults. This piquant situation occurred […]

The post Indian Public Sector Banks Have Used Pandemic To Improve Balance Sheets first appeared on IPA Newspack.

By K R Sudhaman India’s economic growth might have dipped to 6.3 per cent in July-September quarter of this financial year but the good news is the slide is not going to be as pronounced in the whole year. The year 2022-23 may still end up with GDP growth of 6.5 to 7 per cent […]

The post India’s GDP Growth Has Slowed Down But Overall, The Trends Are Positive first appeared on IPA Newspack.

By K R Sudhaman There is a general euphoria with a PIO Rishi Sunak becoming Prime Minister of United Kingdom.  This is natural as India being a vibrant democracy, politics is at its best even on a non-issue. In this, there is some case for celebration with Sunak being a practicing Hindu and for the […]

The post Early India-UK FTA Prospects Brighten With Rishi Sunak Becoming British PM first appeared on IPA Newspack.

By K R Sudhaman After International Monetary Fund recognized India as a bright spot in a gloomy world economy in view of the impending recession, high inflation and none too comfortable geo-political situation. It is true that India is better off than other major economies where the slowdown and economic woes are much more. This […]

The post Indian Economy Has Potential For High Growth But Job Generation Too Low first appeared on IPA Newspack.

By K R Sudhaman As India celebrates its 75th year of independence this year, several roadmaps are being laid for it to become a developed economy in the next 25 years when India would celebrate its 100th year of independence in 2047. Some of us might not be alive to witness it but ever optimist […]

The post India Can Become A $25 Trillion Economy In Twenty Five Years From Now first appeared on IPA Newspack.

By K R Sudhaman Prime Minister Narendra Modi is committed to making India a global manufacturing hub and his stress on the need to work on easy transit to promote trade in central Asia and Europe at the recently concluded  Shanghai Cooperation Organisation (SCO) is well justified. Stepping up manufacturing has huge potential for providing […]

The post Digitisation Could Make India A Global Health And Wellness Hub first appeared on IPA Newspack.

By K R Sudhaman It is a no brainer that India’s economic growth would look impressive after a virtual shut down in the previous year due to Covid Pandemic. But the question to be asked is the double digit growth is good enough and to the desired level and are their worrying factors in the […]

The post India’s FY 23 Q1 GDP Impressive But Pitfalls Remain As Inflation Worrying first appeared on IPA Newspack.

  By K R Sudhaman   India takes over presidency of G-20 at a critical juncture when geo politics is at cross roads and global economy difficult and sagging. This is significant as it takes over leadership at a time when there is need to strengthen multilateralism and that India is ideally suited because of […]

The post India Takes Over G-20 Presidency On December 1 AT a Critical Time first appeared on IPA Newspack.

By K R Sudhaman Finance Minister Nirmala Sitharaman is confident that Indian economy is in a comfort zone to weather the storm witnessed in the global economy, with some of the advanced economies heading towards recession. Winding up the debate on price rise in Rajya Sabha she quoted IMF and former Reserve Bank Governor Raghuram […]

The post Is Indian Economy As Strong As Claimed By FM Nirmala Sitharaman first appeared on IPA Newspack.

By K R Sudhaman India’s Chief Economic Advisor V Anantha Nageswaran is of the view that India’s Inflation though beyond RBI’s band is not that big a source of worry as it is still much less than several advanced economies, some of whom have it in double digits. Inflation no doubt is a global phenomenon […]

The post Monetary Policy Is Not Adequate To Tame India’s Present Inflation first appeared on IPA Newspack.

By K R Sudhaman Prime Minister Narendra Modi said recently that India is the fastest growing economy at the moment. Statistics wise it may be true as other countries are doing badly. But the question to be asked is India’s growth story a myth or reality? On the face of it Indian economy may look […]

The post Sri Lanka’s Economic Collapse Has Big Lessons For Indian Policy Makers first appeared on IPA Newspack.

By K R Sudhaman It is not only politics that is increasingly getting polarized but also views on the Indian economy with economists divided on whether the Prime Minister Narendra Modi has taken the country forward during the last 8 years of his rule or not. India has come a long way in economic development […]

The post Indian Economy Has Shown Mixed Results In Last Eight Years Of Narendra Modi first appeared on IPA Newspack.

By K R Sudhaman The global economy is facing unprecedented economic challenges driven by high inflation in practically all major economies and there are fears that this could lead to stagflation as recessionary trends are witnessed in advanced economies and slowing China. The question that is often asked now is Indian economy insulated from these […]

The post Indian Economy Has Resilience But Needs Special Protection For Poor first appeared on IPA Newspack.

By K R Sudhaman MSMEs which formed the backbone of India’s industrial development, exports and job creation, may soon get credit card similar to Kisan credit cards to deal with their credit woes that is presently stunting the economic growth. This follows repeated recommendation of the Parliamentary Standing committee on Finance in a bid to […]

The post Medium And Small Enterprises May Soon Get Kisan Credit Card Type Facility first appeared on IPA Newspack.

By K R Sudhaman Prime Minister Narendra Modi has done reasonably well in managing the Indian economy during the difficult two years of covid pandemic despite several challenges by ensuring food security to millions of people who became jobless. This has won accolades from World Bank and International Monetary Fund. But the major challenge is […]

The post Inflation Is The Major Challenge To The Reviving Indian Economy Now first appeared on IPA Newspack.

By K R Sudhaman Union Home Minister Amit Shah has stirred up language controversy that Hindi being official language, it should be the medium for correspondence and discussions between states. This has evoked a vehement and justifiable strong reaction from southern states, particularly Tamil Nadu, which has always opposed imposition of Hindi in non-Hindi speaking […]

The post Amit Shah‘s Statement On Hindi As Official Language In Communications Was Unwarranted first appeared on IPA Newspack.

By K R Sudhaman The Narendra Modi government may be elated at the ever increasing GST collections in recent months with the revival of the economy. A record GST collections of Rs 1.42 lakh crore in March this year is good and it also indicates that more and more industries and traders are getting into […]

The post Fuel Price Hike Rekindles Debate On Balancing Direct And Indirect Taxes first appeared on IPA Newspack.

By K R Sudhaman Mercurial Mamata Banerjee, West Bengal Chief Minister and Trinamool Congress Supremo, appears to have climbed down a bit to realize that she cannot on her own bring about opposition unity under her umbrella without main opposition Congress being in the pack. The fact that she had contacted DMK supremo and Tamil […]

The post Tamil Nadu Chief Minister Can Save Opposition Unity By Taming Mamata Banerjee first appeared on IPA Newspack.

By K R Sudhaman It really goes to the credit of Tamil Nadu Finance Minister Palanivel Thiaga Rajan in crafting this year’s state budget in a manner to reign in on fiscal deficit at difficult covid times without burdening the common man with more and new taxes. There is a lesson for other states on […]

The post Tamil Nadu Budget Shows The Model To Shun Fiscal Profligacy first appeared on IPA Newspack.

By K R Sudhaman Indian students going abroad for studies cost approximately $80 billion foreign exchange, which broadly equals forex received by way of NRI remittances annually. This is a staggering figure spent by about 11 lakh students who go abroad for higher studies. This figure is only growing year after year and unlike in […]

The post India Loses About $80 Billion Forex Yearly On Students Studying Abroad first appeared on IPA Newspack.

By K R Sudhaman The killing of an Indian Student Naveen Shekharappa in a Russian shelling in Kharkiv in Ukraine recently is a wake-up call to the country’s rampant and unending caste-based and communal-based politics that is ruining the educational system. It is time for the nation as a whole to have a relook at […]

The post Indian Student’s Killing In Ukraine Is A Wake-Up Call To Review Medical Admission Policy first appeared on IPA Newspack.