-The Hindu The reported contraction of the economy is likely an underestimate for reasons of omission and commission According to data released by the Ministry of Statistics and Programme Implementation of the Government of India on August 31, 2020, real quarterly GDP contracted by a whopping 23.9% between April-June 2019 and April-June 2020. This magnitude of real GDP decline is unprecedented since the country started publishing quarterly GDP estimates in 1996. This...
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India’s GDP growth contracts 23.9%: What is the economics behind the math? -Udit Misra and Nushaiba Iqbal
-The Indian Express India GDP Q1 Data: Demand from individual citizens and private businesses plummeted in Q1, increase in government’s demand made up for just 6% of this fall Although most people expected India’s GDP to show substantial contraction when the Ministry of Statistics and Programme Implementation (MoSPI) released the data for the first quarter (April, May, June) of the current financial year on Monday, the broad consensus was that the decline...
More »The rest of India must learn from the southern states to reduce maternal deaths for attaining SDG-3 target
The newly released Special Bulletin on Maternal Mortality in India 2016-18 shows that India's maternal mortality ratio (MMRatio) has reduced from 130 maternal deaths per one lakh live births during 2014-16 to 122 during 2015-17, and it further dropped to 113 during 2016-18. According to the Sample Registration System (SRS), the MMRatio refers to the number of women who die as a result of complications of pregnancy or childbearing in a...
More »Coronavirus lockdown: Industrial output shrank 16.7% in March 2020
-The Hindu All categories of manufacturing industries showed a contraction in production, with the worst affected being the automobile sector India’s factory output plummeted to record lows in March, with the Index of Industrial Production contracting 16.7%, reflecting the drastic impact of the countrywide lockdown that began on March 25. This comes after a positive growth of 4.5% recorded in February. Manufacturing sector output slumped 20% in March, while electricity generation shrank almost...
More »Informal sector workers don’t have the privilege to stay at home & work online in the time of COVID-19
After the outbreak of COVID-19 in China during early January this year and its dissemination globally within a few days, health experts have suggested ways to check its spread exponentially among the rest of the population. In the age of internet connectivity, work-from-home and self-isolation have been advised as solutions to ensure social distancing and avoid large-scale social gatherings. Experts have asked governments and private enterprises to keep people at...
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