Indian Economy: A Snapshot

This report is an evaluation of India's macroeconomic management since 2010. It proceeds to examine the supply side of the economy followed by demand side contribution to GDP and thereafter examines various indicators that impact on the economic growth. India's growth is expected to recover from 4.4 per cent in 2013 to 5.2 percent in third and fourth quarter of 2014 and 4.9 percent for the whole year. This rate of domestic growth has to be supported by stronger global growth impulses, better export competitiveness and implementation of stalled investment projects. The effect of key macro factors on economy and policy dilemma shall be highlighted in this paper.