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Is GDP best measure of growth? Here's how to make it better

For India, there are three key steps we may explore. First, to measure the destruction of natural and social capital.

MG Motor India

Dec 10, 2019, 01.30 AM IST



MG Motor working on affordable EV concept

MG Motor India managing director Rajeev Chaba said the company had already started working on the project, taking cues from the requirements of local consumers. The concept will be completed in the next one year, and a production model may hit the roads in the next three to four years, he said.

MG Motor introduces ZS EV after Hector, says launch due in January

The company has tied up with various partners to launch the EV with entire...

ET Prime Distribution
  • MG Motor India currently has over 150 centres across India and aims to further strengthen its network count to 250 centres by March 2020. "Most of the expansion in the next few months will be on dedicated service outlets," MG Motor India Director Sales Rakesh Sidana said in a statement said.

    The impending transfer of the INS Sindhuvir is part of India’s continuing policy to counter China’s strategic inroads into Myanmar. The 3,000-tonne INS Sindhuvir may be 31 years old but it has undergone regular refits in India and Russia over the years, with the latest modernisation work being undertaken on the diesel-electric boat in Visakhapatnam.

    Reforms in the NBFC sector can increase the GDP by 1 to 2%, says Mukhopadhyay.

    The partnership will allow end-of-life ZS EV batteries to be recycled, thus ensuring greater peace of mind to MG customers about their ecological footprint, the company said in a statement.

    This makes the SBI rates the cheapest and this is the eighth consecutive lending rate reduction by the largest lender since the beginning of the fiscal.

    "It took us nearly 60 years after independence to achieve USD 1 trillion mark. It took 12 years to achieve our second trillion (dollar economy). And it has taken only five years, 2014 to 2019, to achieve the third trillion economy," Indian Ambassador to the US, Harsh Vardhan Shringla, said in his address to the Indian-American community.

    Trying to allay apprehensions of people of the Northeast, Shah said the Narendra Modi Government is committed to protect the customs and culture of people of the region and informed that Manipur will be brought under Inner Line Permit regime, where the proposed law will not be applicable.

    Subramanian said that there was, needless to say, a slowdown in the economy but it needs to be assessed whether it was structural or cyclical in nature. India’s GDP growth in Q1 of the current financial year, fell to a 6-year low of 5%, while Q2 slowed down further to 4.5%. The Reserve Bank of India has also lowered its GDP forecast for 2019-20 from 6.1% to 5%.

    In a letter to the SAARC secretariat on the 35th anniversary of the grouping's founding, the prime minister Narendra Modi said that all countries in the region should take effective steps to defeat the scourge of terrorism and the forces which support it. Such efforts, he, said would generate greater trust and confidence to build a stronger SAARC.

    In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said. India ranked 130 last year. The steady progress was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy, education, and access to health care, she said.

    Prime Minister Narendra Modi on Monday wished Congress president Sonia Gandhi on her birthday, praying for a healthy life.

    Umroi (Meghalaya), Dec 07 (ANI): The 8th India-China joint training exercise named 'HAND-IN-HAND 2019' commenced on December 7 at Joint Trai...

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