Home » GDP

Tag: GDP

Post
Augmenting the Indian Economy From US$ 3 to 30 Trillion

Augmenting the Indian Economy From US$ 3 to 30 Trillion

India’s economy has seen a sharp rebound, writes Bharat Joshi, ACTL India’s economy has seen a sharp rebound after the first-two waves of the pandemic and as per the projections made by the International Monetary Fund (IMF), India is expected to be among the fastest growing major economies in the world in 2021 and 2022,...

Post
A Goal to Achieve Synchronised Development

A Goal to Achieve Synchronised Development

Plans & applications to be effective, feels Sandeep Upadhyay, Centrum PM Gati Shakti is a very relevant initiative taken by the Government and is expected to effectively address some of the key challenges faced in the infrastructural development. While it may take some to evolve, but I am hopeful the roll out plan and its...

Post
The advantages of multimodal logistics

The advantages of multimodal logistics

 Integrating diverse mode of transportation for improved efficiency India’s logistics costs are presently 14 per cent of the country’s Gross Domestic Product (GDP),similar to other developing countries but well above the global average of 8 per cent. One of the government’s initiatives to reduce the logistics costs to 8-10 per cent of India’s GDP as...

Post
China Powers Spiralling Steel Prices

China Powers Spiralling Steel Prices

Domestic steel prices have witnessedan unprecedented rise from the second half of FY2021.The economic support measures unveiled by various countries will keep the demand for steel high. The near absence from the world export market and a higher import by China are among the major factors keeping steel prices at elevated levels. Continued higher demand...

Post
Importance of Mega Projects

Importance of Mega Projects

In order to consolidate and accommodate this mass migration, the Government of India has undertaken several initiatives which have given a way to the mega projects, nucleated around the development of industrial clusters, connectivity and increasing India's exports.

Post
The Road to Inclusive Development

The Road to Inclusive Development

A smart city is not only about cutting-edge technology, gadgets guiding your lifestyle or using ICT (Information and Communications Technology) but also to string together a man-machine interaction that will drive our socio-economic engagement in the society.

Post
Embarking on Seamless Mobility

Embarking on Seamless Mobility

It is a well-known and widely accepted datum that infrastructure is the backbone of a sound and growing economy. Amongst all infrastructure, the transport sector facilitates trade and migration, thereby raising productivity in other parts of the economy and directly contributing to the economic growth.