Russian Information Network
Russian All News Top 10 News News Export Photo magazine All comments
 Russian News Russian News 
Politics
Society
Economics
Accidents
Nature & Health
Hi-Tech
Culture
Sport
Celebrities
World News
 


  Economics 
1 of September, 11:40

Economic growth in India is still the envy of the world
Dizzying pace of India's growth has slowed, but not enough to cost the country the title of the world's fastest growing large economy. GDP growth fell to 7.1% in the last quarter.

The slowdown is due to economic reforms, leadership in the Central Bank, and intractable problems that politicians seem unable to subdue: corruption, bureaucracy and burdensome regulation. Economists have even questioned the validity of statistics, the GDP of the country, which differed from the other indicators.

Capital Economics economist Shilan Shah estimated that the increase was "almost certainly weaker" than indicate
official statistical data. Only 5.5% or 6% in the quarter. There are also fears that the reform drive, Prime Minister Narendra modi has stalled.

Modi has spent huge amounts of political capital to get his signature on items approved by lawmakers in August. When implemented, it can stimulate the economy by simplifying a Byzantine tax system.

But state elections will be held in 2017, analysts are concerned that other plans will be postponed. Proposals to liberalize labor markets and reform of the laws of land ownership in India, for example, is not currently discussed.

One of the priorities of the modi - reducing red tape for small business - almost not progressed. India occupies the 130th place in the world Bank index to measure the regulatory burden on small businesses. With 2015, the improvement was only 4% to the country's infrastructure is not enough and it will take decades to refresh the data.

The government is particularly proud of its efforts to increase foreign investment. Indeed, the campaign has paid dividends with investments from the United States, an increase of 500% in the last two years to $ 4.2 billion.

Despite the difficulties, India remains an attractive choice for multinational corporations. A growing middle class, the country has money to spend, and its young population has great potential.

The prospect of turning that potential into profit lured a parade of foreign top-managers in India: General Director of Microsoft (MSFT, Tech30), Google (GOOGL, Tech30) and Apple (AAPL, Tech30) all visited the country last year.

sections: Economics, World News

140927
eng
ON THIS THEME:
PERSONS ON THIS THEME:
Riemer I. World
Dulatov World-Yakub (Mirzhakip)
[View all comments] [Print]
  User Comments 
[Add comment]

There are no comments for this article yet. Be first to post a comment!
[Add comment]
  Economics 
Sort by: date rating
Non-Russians propose to reduce the working dayNon-Russians propose to reduce the working dayThe rules of fishing in Russia will be changedThe rules of fishing in Russia will be changed
Parcels from AliExpress will come in 10 days.Parcels from AliExpress will come in 10 days.Chubais warns of coming energy crisis.Chubais warns of coming energy crisis.
The Russian economy has moved to the phase for sustainable growthThe Russian economy has moved to the phase for sustainable growthFrom Russia expelled labour migrantsFrom Russia expelled labour migrants
Russia will block websites undesirable organizations.Russia will block websites undesirable organizations.The plane is now possible to take at least 5 kg hand LuggageThe plane is now possible to take at least 5 kg hand Luggage
The benefits of drinking black tea in moderate amountsThe benefits of drinking black tea in moderate amountsPhilippines started to get bought in Russia the weaponPhilippines started to get bought in Russia the weapon
The blockchain begins to use the Federal registration service of RussiaThe blockchain begins to use the Federal registration service of RussiaTax-free Internet purchases will be only 3000 rublesTax-free Internet purchases will be only 3000 rubles
Now in Russia there are banknotes of 200 and 2000 rublesNow in Russia there are banknotes of 200 and 2000 rublesRussia and China are increasing trade volumesRussia and China are increasing trade volumes
Will soon begin the erection of a road bridge from Kerch to CrimeaSalt will soon disappear from shopsSalt will soon disappear from shops
Called the cost of Russian oilCalled the cost of Russian oilCrimean bridge began to asphalt.Crimean bridge began to asphalt.
VIM airlines discontinues regular flightsVIM airlines discontinues regular flightsGrowth in the car market of Russia for 2017 by up to 12%Growth in the car market of Russia for 2017 by up to 12%
 1  2  3  4  5  6  7  8  9  10 >> 109
 Day headline Day headline 
In DND said about the failure of the attack of the APU on the South of the Republic

23 of June, 10:04

In DND said about the failure of the attack of the APU on the South of the Republic
 
 News of the week News of the Week 
  • In Kiev said about the readiness to exchange prisoners of Russians
  • In DND said about the failure of the attack of the APU on the South of the Republic
  • Italy said the threat of collapse of the EU within a year
  • Erdogan has compared himself with Putin
  • The United States has suspended military exercises with South Korea
  • A large group of "free Syrian army" had defected to Damascus
  • Trump has threatened the EU import duty on cars
  • Kiev banned Russian Consul to visit Wyszynski
  • The President of Ukraine became the head of Donetsk military-civil administration
  • Defense presented evidence of staging himataki in Syria

  •  Photos Photos 
    Joel Madden says Nicole Richie brings out the best in him
    Kate Moss posed naked for her boyfriend
    Top 10 Richest Persons In The World Now
    Nudity and violence: Canadian students strip in protest, clash with police...
    Water finale for Twilight lovers
    Virtual Visiting Cards
    Tests
    Game Server


     News by regions News by regions 
    Far East region
    Volga region
    North-West region
    Siberian region
    Ural region
    Central region
    Southern region

     Subscribe Subscribe 
    Name  
    E-mail   
    Type HTML TEXT
    All sections
    Politics
    Society
    Economics
    Accidents
    Science & Technics
    Culture
    Sport
    In the World
    Top 10 today
     once per 3 hours
     once per 6 hours
     once per 12 hours
     once per 24 hours


     
     
     
    Politics Society Economics Accidents Nature & Health Hi-Tech Culture Sport Celebrities World News
      Copyright © RIN 2005-2006 * Feedback