GDP growth for the first quarter of this financial year seems to be going against the general wave of bullishness touted by the Government’s many arms and affiliates, including the RBI which had pegged the GDP growth rate for the June quarter at 8%
The monsoon recovery in September has boosted demand and perception of demand on the part of kirana stores or corner shops quite literally across India. Which is leading to increased stocking ahead of a potential festival season spike.
That’s the lowest reading since September last year. Rural unemployment dropped to 6.20%, from 7.11% in August, while urban unemployment rate fell to 8.94% from 10.09% in the same period
Consulting firm Mckinsey & co says with the empowerment line at $12 per person, individuals will have the means to meet the full range of essential needs and begin attaining economic security.