Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
Notice (8): Undefined variable: urlPrefix [APP/Template/Layout/printlayout.ctp, line 8]latest-news-updates/a-29-non-govt-gdp-fall-is-behind-abysmal-growth-vivek-kaul.html"/> LATEST NEWS UPDATES | A 29% non-govt GDP fall is behind abysmal growth -Vivek Kaul | Im4change.org
Resource centre on India's rural distress
 
 

A 29% non-govt GDP fall is behind abysmal growth -Vivek Kaul

-Livemint.com

The collapse of GDP growth by 23.9% for the Apr to Jun period isn’t a surprise. The economy was under a strict lockdown for most of the time to contain the pandemic. Nevertheless, a little digging throws up interesting trends. Mint takes a look.

* What does the GDP figure highlight?

One way to measure the GDP is to add private consumption expenditure, government consumption expenditure, investment and net exports (exports minus imports). In Q1FY21, private consumption expenditure contracted by 26.7% and investment by 47.1%. With physical mobility limited, discretionary spending took a back seat. The situation became worse as incomes fell. With migrant workers heading home, infrastructure projects were thrown out of gear, causing a huge contraction in investment. It should be noted that private consumption and investment are two major contributors to the GDP.

Please click here to read more.