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Economy Matters is bi-monthly newsletter of CII on Economic Affairs.
Our major neighboring economies- Sri Lanka, Bangladesh, Pakistan and Nepal - too are facing the heat as both global slowdown and country specific factors have stunted their domestic economic growth. We discuss the major trends in these South Asian economies in the section on Global Trends in this month’s issue of Economy Matters.
In the section on Domestic Trends, we discuss the trends emanating out of the recent releases on GDP, IIP, Inflation and Trade during the month of August-September 2013.
In Corporate Performance, we examine the financial performance of larger sample of firms in the first quarter of the current year, in order to decipher the evolving trends.
The Sectoral spotlight for this issue is on Capital Goods, which is of strategic importance for the Indian economy. Being large and diverse in nature and playing a critical role in production process, the sector has high multiplier effect on the overall growth of the economy.
In the Special Article, we discuss various provisions of the Land Acquisition, Rehabilitation & Resettlement Bill 2013, which was recently passed by both the Houses of the Parliament. Industry has concerns on some of the provisions of the Bill.