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What would the cost of war be?


The conflict between India and Pakistan, in the aftermath of the Pulwama attack and the retaliatory strike by the IAF thereafter on terror camps in Pakistan has been escalating. As the tension increases, one cannot help but wonder if this will result into a full fledged war and what would be the consequences and cost of such a war. We take a look at previous battles over the years with Pakistan and analyse how much man power and resources it took then, and how much of a drain it would be in today’s day and age on our economy and fiscal deficit.

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GDP growth slows to 5-quarter low of 6.6 pc in Q3

News Desk

New Delhi | India’s economic growth slowed to a 5-quarter low of 6.6 per cent in October-December period of this fiscal, according to government data released on Thursday.

The Gross Domestic Product (GDP) at constant prices (2011-12) had grown at 7 per cent in October-December quarter of the previous financial year.

“GDP at Constant (2011-12) Prices in Q3 of 2018-19 is estimated at Rs 35.00 lakh crore, as against Rs 32.85 lakh crore in Q3 of 2017-18, showing a growth rate of 6.6 percent.

“GDP growth rates for Q1 and Q2 of 2018-19 at Constant Prices are 8.0 percent and 7.0 percent respectively,” the Central Statistics Office (CSO) said in a statement.

According to the statement, GDP growth during 2018-19 is estimated at 7 per cent as compared to 7.2 per cent in 2017-18.

Earlier last month, the CSO had estimated GDP growth of 7.2 per cent for this fiscal under its first advance estimates.

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