This 2019 Article IV Consultation with India discusses that India has been among the world’s fastest-growing economies in recent years, lifting millions out of poverty. However, growth slowed to a six-year low in the first half of 2019, with both consumption and investment decelerating owing to weak, especially rural, income growth, stresses in the nonbank financial sector, and corporate and environmental regulatory uncertainty. On the external sector, following a rise in vulnerabilities in 2018, stability has returned, anchored by high foreign reserve buffers and a modest current account deficit. With its strong mandate, the new government has an opportunity to reinvigorate the reform agenda aimed at boosting inclusive and sustainable growth. In the near term, given the cyclical weakness of the economy, monetary policy should maintain an easing bias at least until the projected recovery takes hold. Fiscal stimulus should be avoided given fiscal space at risk and revenue losses from the recent corporate income tax rate cut should be offset.
Drawing on the remarkable Infosys story and the lessons learnt from the two decades of post-reform India; Narayana Murthy lays down the ground rules that must be followed if future generations are to inherit a truly progressive nation.
"In his new introduction, Khilnani addresses these issues in the new perspectives afforded by events of the recent year in India and in the world."--BOOK JACKET.
This new edition of Burton Stein's classic A History of India builds on the success of the original to provide an updated narrative of the development of Indian society, culture, and politics from 7000 BC to the present.
Amit Pasricha's masterful use of the panoramic format - in unintentional but fitting consonance with the wide, encompassing nature of the sacred in India - and Bharati Motwani's insightful text make The Sacred India Book a limited edition ...
Rediscovery Of India, The (pb)
India Old and New
Daniélou's powerful rebuttal to the conventional view of India's history, which calls for a massive reevaluation of the history of humanity • Explores historical occurrences from each major time period starting with the first appearance ...
In The Goddess and the Nation, she teaches us about pictorial ways of learning the form of the nation, of how to live with it—and ultimately to die for it.
Wolpert understands India. His summary of Hindu philosophy is a triumph of concision; his insight into the family as the core Indian social institution helps explain other things, including the importance of consensus in Indian politics.
M. Volin , “ Zagadka pushkinskogo proroka ” , in Novoe Russkoe Slovo , 7 Nov. , 1976 , p . 5 . ... 1857 the Biblioteka dlja chtenija had published some of Bhartěhari's poems , Blizko i daleko , translated from the Sanskrit by N. Berg .