Effect of GDP with respect to the Nominal and Real GDP of India: 2014-�15

Indian economy is likely to grow in the range of 5.4 to 5.9 per cent in 2014-15 overcoming the sub-5 per cent GDP growth of past two years, even as poor monsoon and disturbed external environment remain a cause for concern, says the Economic Survey. Survey says that with the global economy expected...

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Main Authors: Ayu Salmah N.N., Chauhan R., Valianti R.M., Maseleno A.
Other Authors: 57211510701
Format: Article
Published: Universidad del Zulia 2023
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spelling my.uniten.dspace-249212023-05-29T15:28:52Z Effect of GDP with respect to the Nominal and Real GDP of India: 2014-�15 Ayu Salmah N.N. Chauhan R. Valianti R.M. Maseleno A. 57211510701 57292465800 57211509318 55354910900 Indian economy is likely to grow in the range of 5.4 to 5.9 per cent in 2014-15 overcoming the sub-5 per cent GDP growth of past two years, even as poor monsoon and disturbed external environment remain a cause for concern, says the Economic Survey. Survey says that with the global economy expected to recover moderately, particularly on account of performance in some advanced economies, the economy can look forward to better growth prospects in 2014-15 and beyond. After recovering in 2009-10 and 2010-11, GDP growth slowed down to decade's low of 4.5 per cent in 2012-13. It picked up marginally to 4.7 per cent in 2013-14. The survey further said the measures taken by the government to improve investment climate and improve governance could push up growth to 7-8 per cent in the coming years. The survey also made a case for repealing of archaic laws governing market access, expansion and entry/exit of firms and restore of the dispute resolution mechanism for commercial disputes to lend greater predictability to policy, giving boost to physical infrastructure and improving productivity in agriculture. The main aim of this paper is to analyse the effect of real and nominal GDP and to see the performance of GDP in past years and also to find out effect on economy by changing the real and nominal GDP and to see sectors wise GDP performance. � 2019 Universidad del Zulia. All rights reserved. Final 2023-05-29T07:28:52Z 2023-05-29T07:28:52Z 2019 Article 2-s2.0-85074358462 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85074358462&partnerID=40&md5=82784d878583afbd78efbf33d24e3271 https://irepository.uniten.edu.my/handle/123456789/24921 35 19 2337 2346 Universidad del Zulia Scopus
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description Indian economy is likely to grow in the range of 5.4 to 5.9 per cent in 2014-15 overcoming the sub-5 per cent GDP growth of past two years, even as poor monsoon and disturbed external environment remain a cause for concern, says the Economic Survey. Survey says that with the global economy expected to recover moderately, particularly on account of performance in some advanced economies, the economy can look forward to better growth prospects in 2014-15 and beyond. After recovering in 2009-10 and 2010-11, GDP growth slowed down to decade's low of 4.5 per cent in 2012-13. It picked up marginally to 4.7 per cent in 2013-14. The survey further said the measures taken by the government to improve investment climate and improve governance could push up growth to 7-8 per cent in the coming years. The survey also made a case for repealing of archaic laws governing market access, expansion and entry/exit of firms and restore of the dispute resolution mechanism for commercial disputes to lend greater predictability to policy, giving boost to physical infrastructure and improving productivity in agriculture. The main aim of this paper is to analyse the effect of real and nominal GDP and to see the performance of GDP in past years and also to find out effect on economy by changing the real and nominal GDP and to see sectors wise GDP performance. � 2019 Universidad del Zulia. All rights reserved.
author2 57211510701
author_facet 57211510701
Ayu Salmah N.N.
Chauhan R.
Valianti R.M.
Maseleno A.
format Article
author Ayu Salmah N.N.
Chauhan R.
Valianti R.M.
Maseleno A.
spellingShingle Ayu Salmah N.N.
Chauhan R.
Valianti R.M.
Maseleno A.
Effect of GDP with respect to the Nominal and Real GDP of India: 2014-�15
author_sort Ayu Salmah N.N.
title Effect of GDP with respect to the Nominal and Real GDP of India: 2014-�15
title_short Effect of GDP with respect to the Nominal and Real GDP of India: 2014-�15
title_full Effect of GDP with respect to the Nominal and Real GDP of India: 2014-�15
title_fullStr Effect of GDP with respect to the Nominal and Real GDP of India: 2014-�15
title_full_unstemmed Effect of GDP with respect to the Nominal and Real GDP of India: 2014-�15
title_sort effect of gdp with respect to the nominal and real gdp of india: 2014-�15
publisher Universidad del Zulia
publishDate 2023
_version_ 1806427726553284608
score 13.211869