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Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest
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<strong>Questionable data, little room for exuberance -R Nagaraj</strong></h1>
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<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest</em></p><p style="text-align:justify">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?</p><p style="text-align:justify"><em>A tracker</em></p><p style="text-align:justify">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.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece" title="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece">click here</a> to read more.</p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f756bf5226f-trace').style.display = (document.getElementById('cakeErr67f756bf5226f-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f756bf5226f-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f756bf5226f-code').style.display = (document.getElementById('cakeErr67f756bf5226f-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f756bf5226f-context').style.display = (document.getElementById('cakeErr67f756bf5226f-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f756bf5226f-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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<p style="text-align:justify"><em>Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest</em></p>
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<p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece">click here</a> to read more.</p>
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Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest
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<strong>Questionable data, little room for exuberance -R Nagaraj</strong></h1>
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<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest</em></p><p style="text-align:justify">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?</p><p style="text-align:justify"><em>A tracker</em></p><p style="text-align:justify">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.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece" title="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece">click here</a> to read more.</p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f756bf5226f-trace').style.display = (document.getElementById('cakeErr67f756bf5226f-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f756bf5226f-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f756bf5226f-code').style.display = (document.getElementById('cakeErr67f756bf5226f-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f756bf5226f-context').style.display = (document.getElementById('cakeErr67f756bf5226f-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f756bf5226f-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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</span></span></code></pre><pre id="cakeErr67f756bf5226f-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
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'description' => '<p style="text-align:justify">-The Hindu</p>
<p style="text-align:justify"><em>Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest</em></p>
<p style="text-align:justify">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?</p>
<p style="text-align:justify"><em>A tracker</em></p>
<p style="text-align:justify">India&rsquo;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.</p>
<p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece">click here</a> to read more.</p>
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<p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece">click here</a> to read more.</p>
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<strong>Questionable data, little room for exuberance -R Nagaraj</strong></h1>
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<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest</em></p><p style="text-align:justify">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?</p><p style="text-align:justify"><em>A tracker</em></p><p style="text-align:justify">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.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece" title="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece">click here</a> to read more.</p> </font>
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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...'
$disp = '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest</em></p><p style="text-align:justify">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?</p><p style="text-align:justify"><em>A tracker</em></p><p style="text-align:justify">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.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece" title="https://www.thehindu.com/opinion/lead/questionable-data-little-room-for-exuberance/article33234487.ece">click here</a> to read more.</p>'
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LATEST NEWS UPDATES | Questionable data, little room for exuberance -R Nagaraj | Im4change.org
Questionable data, little room for exuberance -R Nagaraj
-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.
