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: 150
 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: 151
 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]
LATEST NEWS UPDATES | Questionable data, little room for exuberance -R Nagaraj

Questionable data, little room for exuberance -R Nagaraj

Share this article Share this article
published Published on Dec 3, 2020   modified Modified on Dec 3, 2020

-The Hindu

Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest

The decline in the quarterly GDP growth rate, by 7.5% during July-September 2020 (FY 2020-21: Q2), compared to a 24% decline in the first quarter has raised expectations of a sharp economic recovery after the novel coronavirus pandemic and the national lockdown. But is such optimism justified?

A tracker

India’s GDP at current prices in 2019-20 was 204-lakh crore, or $2.8 billion at an exchange rate of 73 to a dollar). Its growth rate over the previous year (2018-19) was 5% in real terms, that is net of inflation. The economy, expectedly, slumped after the pandemic and the economic lockdown in March this year. Output contracted by as much as 24% during April-June 2020 (FY 2021: Q1) compared to the same period last year. In June, economic activity resumed as the lockdown began to be gradually lifted. Expectedly, output recovered sharply, reducing the extent of contraction. During the July-September quarter (FY2021: Q2), output growth contracted by 7.5%, compared to the same period in the previous year, an official press released last Friday showed.

Please click here to read more.


The Hindu, 3 December, 2020, https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close