Growth in Asia and the Pacific outperformed expectations in late 2023, reaching 5.0 percent for the year. Inflation has continued to decline, albeit at varying speeds: some economies are still seeing sustained price pressures, while others are facing deflationary risks.In 2024, growth is projected to slow modestly to 4.5 percent. …
The 2019 edition of the Commodities and Development Report is titled "Commodity Dependence, Climate Change and the Paris Agreement". It seeks to further the understanding of the interactions between climate change and the commodity sectors. The report highlights the challenges that commodity dependent developing countries (CDDCs) face as they manage …
India has moved up six places to rank 34th on world travel and tourism competitiveness index, driven by rich natural and cultural resources and strong price competitiveness, a WEF report said. India's ranking improved from 40th to 34th, the greatest improvement over 2017 among the top 25 per cent of …
This issue of National Accounts Statistics (NAS), presents the estimates of macro-economic aggregates along with detailed disaggregated statements and institutional sector accounts for the years from 2011-12 to 2017-18 with 2011-12 as base year. Besides these estimates, this publication also includes provisional estimates of National Income for the year 2018-19 …
The per capita income (PCI) of Telangana has touched the Rs 2 lakh mark in the fiscal 2018-19. The Socio-Economic Outlook Report - 2019 shows that the state's average rose from Rs 1,80,697 in the fiscal 2017-18 to Rs 2,05,696 in the 2018-19 financial year, registering a growth of 13.8% …
Indian agriculture is dominated by smallholders. With an average holding size of just 1.08 ha (in 201516), and 86 percent of holdings being of less than 2 ha size, Indian agriculture produces sufficient food, feed, and fiber for India’s large population of 1.35 billion, and in addition generates some net …
In response to the threat of climate change, countries around the world have pledged to invest in low-carbon energy. National plans and investment patterns, however, show a stark mismatch with the pathway to meet the commitments set out in the Paris Agreement, which would keep the rise in global temperatures …
Developing Asia’s gross domestic product is forecast to slow from 5.9% in 2018 to 5.4% in 2019 and 5.5% in 2020. Inflation across developing Asia is forecast to increase from 2.5% in 2018 to 2.7% this year and in 2020. Growth in developing Asia is moderating but remains robust. As …
The moderately positive economic performance since 2000 has provided opportunities for improvements in health outcomes. Africa recorded average real annual GDP growth of 5–6 per cent between 2000 and 2010 before slowing down to about 3 per cent per annum over the period 2010–2015. Economic growth rate is projected to …
In a race to be the top state in India, the Institute for Energy Economics and Financial Analysis (IEEFA) has modelled the economic powerhouse Gujarat adding a staggering 46 gigawatts (GW) of new renewable energy capacity by 2029/30, in a new report out. The report, Gujarat’s Electricity Sector Transformation – …
Odisha’s Agricultural Policy 2019 is focused on farmers’ well-being and is formulated to build on the inherent strengths of its agriculture and allied sectors, to address the constraints it faces and to make optimal use of resources and opportunities emerging on account of advancement in technology, and the emergence of …
This companion report to the World Development Report (WDR) 2019: The Changing Nature of Work addresses the key themes of creating productive jobs and addressing the needs of those left behind. It builds on and contextualizes some of WDR 2019’s main messages to key specificities of the sub-Saharan Africa (SSA) …
Africa's poorest countries saw little to no progress on average in improving the quality of their policy and institutional frameworks in 2018, according to the World Bank's annual Country Policy and Institutional Assessment (CPIA). The average CPIA score in Africa's 38 International Development Association (IDA)-eligible countries in 2018 remained unchanged …
There are currently 31 countries classified as low income, less than half the number in 2001. Rapid growth in low-income countries from 2001 to 2018 allowed many to progress to middle-income status, supported by the commodity price boom of 2001-11, debt relief under the Heavily Indebted Poor Country Initiative and …
Question raised in Rajya Sabha on Low GDP Growth Rate, 23/07/2019. As per the estimates available from National Statistical Office, the growth of Gross Domestic Product (GDP) at constant market prices was 5.8 percent in the fourth quarter (January-March) of 2018-19, which is lower than the growth achieved in last …
The National Resource Efficiency Policy (NREP), 2019 seeks to create a 12 facilitative and regulatory environment to mainstream resource efficiency across all sectors 13 by fostering cross-sectoral collaborations, development of policy instruments, action plans 14 and efficient implementation and monitoring frameworks. NREP, 2019 is guided by the 15 principles of …
In this paper the impact of various agglomerative forces on employment growth in Ghanaian manufacturing is investigated, using data from two firm censuses, as well as population census and trade data. The study is the first to use nationally representative firm data that covers the formal and informal economy to …
By 2050, India will be in the global hot spot for ‘water insecurity' and there is an urgent need to focus on irrigation water productivity to raise agricultural productivity says the Economic Survey tabled in the Lok Sabha today. Measures taken to reduce the twin balance sheet problem and the …
By 2050, India will be in the global hot spot for ‘water insecurity' and there is an urgent need to focus on irrigation water productivity to raise agricultural productivity says the Economic Survey tabled in the Lok Sabha today. Measures taken to reduce the twin balance sheet problem and the …
Government has launched the Zimbabwe National Industrial Policy (ZNIDP), which is expected to help transform the economy through value addition, increasing employment levels and promoting a culture of savings. The ZNIDP was launched last Friday by Industry and Commerce Minister Nqobizitha Mangaliso Ndlovu. Minister Ndlovu said through the ZNIDP, Government …
The country will need to grow by 9 per cent every year for five years continuously and raise aggregate investment rate to 38 per cent of GDP to achieve Prime Minister Narendra Modi's target of turning India into a USD 5 trillion economy, EY has said. In its latest edition …