India's Economy
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India should embrace modern economy path: US think tank - The Economic Times

India should embrace modern economy path: US think tank - The Economic Times | India's Economy | Scoop.it
"Complete a US-India Bilateral Trade and Investment Agreement to promote foreign direct investment in India," ITIF recommends.
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India to grow at 6.5% in next 5 years: Crisil

India to grow at 6.5% in next 5 years: Crisil | India's Economy | Scoop.it
The International Monetary Fund has predicted global growth for the calendar years 2014-18 at 4 per cent.
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Crisil, a rating agency, predicts India will grow at a rate of about 6.5% for the next 5 years. This prediction is based on the fact that the government will be more stable and make good economic decisions/policies after elections are over. If this prediction turns out to be true, it will be terrific news for India, especially since the last financial year was concluded to have the "lowest growth rate in decades".

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China and India urged to forge closer economic bonds - South China Morning Post

China and India urged to forge closer economic bonds - South China Morning Post | India's Economy | Scoop.it
China and India urged to forge closer economic bonds South China Morning Post Government-level talks between China and India are needed in building a complementary economic relationship to unlock the Asian giants' full potential to create an...
Leah Lind and Grace Lindmark's insight:

Economic experts say that it would be very beneficial for India and China to have a closer economic relationship. A small 15-person board of people with a variety of elite political and economic positions have stated that "We [China and India] can create an economic superpower".  The only problem is that India and China aren't totally on board with the whole idea. India's $5.9 billion dollar trade deficit with China and slow economic growth in both countries make them both reluctant to forge an economic relationship. I personally think they should pursue a relationship. Growth has been slow in both countries, and they could really help eachother out. 

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Strong Hand Hasn't Fared Well in India

Strong Hand Hasn't Fared Well in India | India's Economy | Scoop.it
The desire for a benevolent despot has taken hold among the elites, a sentiment suggesting that Narendra Modi's timing is good.
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Real recovery for Indian economy in sight, but not immediately: MS ... - Economic Times

Real recovery for Indian economy in sight, but not immediately: MS ... - Economic Times | India's Economy | Scoop.it
Economic Times
Real recovery for Indian economy in sight, but not immediately: MS ...
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As growth slows in India, rural workers have fewer incentives to move to cities.

As growth slows in India, rural workers have fewer incentives to move to cities. | India's Economy | Scoop.it
Few manufacturing jobs, plus high inflation and rural entitlement programs, create a push-me pull-you effect that is stalling India's urbanization.
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'Indian economy on recovery path' - Gulf Times

'Indian economy on recovery path' - Gulf Times | India's Economy | Scoop.it

Gulf Times
'Indian economy on recovery path'
Gulf Times
India's Finance Minister P Chidambaram yesterday claimed that the economy is well on the path to recovery due to steps initiated by him during his term.

Leah Lind and Grace Lindmark's insight:

Thanks to action taken during his term, India's Finance Minister P Chidambaram claims that the Indian economy is on its way to recovery. The national debt has decreased from $88bn to $32bn in only a year, thanks to direct taxes being higher than the estimate. If India continues down this path, then I think their economy should be improved and better in no time.

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A huge problem for India's youth: Wages to go the US way - Firstbiz

A huge problem for India's youth: Wages to go the US way - Firstbiz | India's Economy | Scoop.it
The report sees wages in India going the US way before long, with owners of capital and professionals with the right skills earning outsized compensation and salaries, and labor earning tolerable wages, at best.
Leah Lind and Grace Lindmark's insight:

Employment levels have been falling in India due to the economy's slow growth. Varied economic experts are worried India's youth will not be able to find jobs, due to a lack of them and the skills required. There is currently a lot of pressure on the government to take proper action to address this problem, since India currently has no social welfare programs and outdated labour laws. This does not look good for India's economic future, without workers, the economy cannot grow by much.

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The Indian Economy at a Crossroads | The Information Technology & Innovation Foundation

The Indian Economy at a Crossroads | The Information Technology & Innovation Foundation | India's Economy | Scoop.it
The Indian Economy at a Crossroads: @ITIFdc recommends India join ITA talks, repeal PMA, and conclude BIT with US. http://t.co/rnMgIGwju4
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China new transit hub for Pakistan operators to smuggle Fake Indian Currency Notes - The Economic Times

China new transit hub for Pakistan operators to smuggle Fake Indian Currency Notes - The Economic Times | India's Economy | Scoop.it
Pakistan based operators are sending the fake currency by air carriers not only to Nepal and Bangladesh but also routing it via Dubai, Kuala Lampur, Bangkok and Sri Lanka, the report said.
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How do elections affect the economy?

How do elections affect the economy? | India's Economy | Scoop.it
An analysis of key economic variables shows that economic activity slows down ahead of an election (How do elections affect the economy?: Mumbai: The Indian economy typically slows down ahead of Lok Sabha elect...
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