Tuesday October 23, 2018
Home Business India to grow...

India to grow at faster rate than China, macroeconomic outlook remains stable, says UN report

0
//
36
Republish
Reprint

indiachinaflage-k27G--621x414@LiveMint

By NewsGram Staff Writer

This year, India will surpass China with an expected growth of  7.7 per cent, a jump of almost 1.5 per cent from the projection made in January, according to a new UN report.

“India is now projected to grow by 7.6 per cent in 2015 and 7.7 per cent in 2016, surpassing the growth of China,” said the United Nations Department of Economic and Social Affairs(UNDESA) report.

Earlier in January, the UNDESA report had stated that the GDP of India will be 6.2 in this year.

“This revision, mostly reflects a higher growth trajectory in India, where the recent changes in methodology and data sources have resulted in a considerably higher official growth figures for the past two years,” said the latest report.

The recent UN report concurred with reports from other international companies like World Bank and the International monetary fund(IMF), that India will have a faster growth rate in the future.

“Overall, I think the authorities in India have done a very good job over the past two years and this is actually reflected in some indicators,” Ingo Pitterle, a UNDESA Economic Affairs Officer and India expert said.

“In 2013 India was grouped among the fragile economies of Turkey, South Africa, Indonesia and Brazil. And now, you look at the same variables, they look very different,” Pitterle said.

“When you look at the currencies side, the Indian Rupee is the only currency that has held up well here, which is a sign of confidence by investors and the international community in the Indian economy”, he said.

The report also pointed out to string of factors to give a clear view that India was having a very sustainable economic condition.

“The rupee has done better than most currencies, inflation is down, monetary policy is prudent, current account deficit has declined, external imbalances have reduced and oil prices have softened”, the report said.

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

How To Score Maximum Marks In Chemistry In NEET Examination

Do not panic on the day of the examination. Too much stress often leads to mistake and confusion.

0
NEET
The main thing you need to keep in mind while preparing for such competitive exams is that you need to be accurate. Flickr

NEET Examination is organized every year for the students who aspire to study graduate medical courses like MBBS, BHMS, BAMS, and BDS in the prestigious medical colleges of India.

The NEET paper consists of three sections Physics, Chemistry, and Biology; with a total of 720 marks- of which 50% weight is given to biology, and rest 25% to each of physics and chemistry. Nowadays, more than 3000 students secure over 600+ marks; which means the students have good command over all the three sections. So, you need to be well enough in all the three papers to secure a good rank in NEET exam, and by putting a little extra effort one can turn their dreams to the reality of securing a seat in top medical colleges.

NEET
Be consistent in your studies. Have faith in yourself. Plan your preparation well and execute it diligently. Flickr

Chemistry being one of the top scoring subjects, an aspirant can maximize the chances of getting good rank by dedicating additional time to this subject, during their preparation. First thing that you need to do is to go through the NCERT textbooks of XI and XII and while doing you have to know how to read between the lines. This will help you clear the basic concepts and cover every topic which is considered important from the NEET point of view. If you manage to gain good command over the NCERTs, then you can start reading some high-level books like Modern’s ABC book of chemistry, Concise inorganic Chemistry by JD LEE etc. Avoid being selective. Read the topics included in the syllabus thoroughly and remember the formulas. Remembering the formulae will help to answer the question that are directly asked which in turn will save your time, and by doing so you can give your time to the questions that are

The main thing you need to keep in mind while preparing for such competitive exams is that you need to be accurate. This is because, for every correct answer you will score +4 against a negative marking of -1 for every wrong answer. So accuracy is a must to score good marks in your paper.

How to maintain accuracy:

The first thing you need to do is to cover your entire syllabus. Highlight the topics which seem to be little difficult for you. Set a target and try to complete that target daily. Say, you can fix the target like, you will solve n number of questions from this topic daily until and unless you are confident enough that you can answer every question is asked from that part. Analyze the previous year papers and note down the pattern. You can join a test series and attempt mock test regularly, watch videos and lectures on the internet. Plan your activities in such a way that you complete the entire syllabus a month or two before the date of exam. This will boost your confidence.

NEET
NEET 2017 Examination: Eligibility criteria for 15 percent All India . Flickr

Practice the numerical from physical chemistry and derivations has to be practiced multiple times. Remember each and every point from inorganic part as most questions are directly asked from that part. In organic chemistry, understand the mechanism and practice them a number of times. Follow these steps and you will for sure get 130+ in Chemistry.

During the examination, avoid attempting the questions from the topics which you are not sure of and attempt these questions only when your total attempt count is low. Along with this, you have to be quick while answering the questions, as the duration of the examination is 180 minutes and you need to solve a total of 180 questions.

Some additional tips: Be consistent in your studies. Have faith in yourself. Plan your preparation well and execute it diligently.

NEET
The NEET paper consists of three sections Physics, Chemistry, and Biology; with a total of 720 marks. Flickr

Do not panic on the day of the examination. Too much stress often leads to mistake and confusion. Do not let your hard work go in vain. So, remain calm and focused. Answer the questions with a cool head in order to avoid silly mistakes. Utilize your time wisely and you can always maximize your score.

You can also download NEET preparation app for NEET medical entrance exam. It provides free study notes, quizzes, mock test, practice set, question papers, & test series.

Good luck!!