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In this podcast, listen to a panel discussion of Mint View's editors on important issues of the day. This is a Mint production, brought to you by HT Smartcast.
54: Budget 2020: Is economic growth possible without push to the private sector?
Mint Views Daily Dispatch
12 minutes 17 seconds
5 years ago
54: Budget 2020: Is economic growth possible without push to the private sector?
Budget 2020 hasn’t done much to address concerns over economic slowdown. With a nominal growth of 10% GDP growth translates into 5.5%-6% real GDP growth rate. The question is should we accept this rate as the new normal? This budget has seen a massive push to social sector and infrastructure through government spending. But the point is can we experience growth without the private sector? According to the latest Purchasing Manufacturer’s Index (PMI) private sector investment has shown a surge in eight years. Here is a discussion on the concept of growth and the current economic scenario.
Mint Views Daily Dispatch
In this podcast, listen to a panel discussion of Mint View's editors on important issues of the day. This is a Mint production, brought to you by HT Smartcast.