-The Indian Express India’s GDP 2020-21: This year, India’s per capita GDP, per capita private consumption and the level of investments in the economy — all will fall to levels last seen in 2016-17 or earlier, reveals latest official GDP data. On Thursday, the Ministry of Statistics and Programme Implementation released the First Advance Estimates (FAE) for the current financial year. According to MoSPI, India’s gross domestic product (GDP) — the total...
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State Recovery Tracker: UP, Rajasthan, other large states led economic recovery in December -Tauseef Shahidi and Pooja Dantewadia
-Livemint.com Over 1.8 million vehicles were sold across India last month, 10 percent higher than December 2019, vehicle registration data suggests. This is the first time during the pandemic that vehicle registration data has shown a year-on-year increase India’s economic recovery appears to have picked up pace over the past few weeks, led by the largest states of the country. All four high-frequency indicators of economic activity considered in Mint’s monthly state...
More »Separating the wheat from the agri-policy chaff -Biswajit Dhar
-The Hindu In the farm laws debate, the focus should be on the exchequer-farm subsidies issue and the spending on farm subsidies In the on-going debates around the three new pieces of agricultural legislation and the farmers’ demand for continuation of minimum support prices (MSP), questions have often been raised whether the government should be using the taxpayers’ money to provide subsidies to the farming community in this country. However, logically, two...
More »India’s economy in 2020: Year of many questions -Anil Sasi
-The Indian Express India's economy in 2020: As Annus Horribilis 2020 comes to an end, there are positives in the economy: signs of a GDP rebound, and buoyant equity markets. But demand is weak, receipts are down, and the employment situation is grim. All eyes are on the Budget — and on the vaccines In a little over a month, Finance Minister Nirmala Sitharaman will present what she has heralded as “a...
More »A brief history of the Indian economy in 2020 -Udit Misra
-The Indian Express India started the calendar year by recording the slowest GDP growth rate in six years and ended it by entering a technical recession. Here's how it all unfolded. Dear Readers, Right through the year, at ExplainSpeaking, we have strived to make sense of the most important developments in the Indian economy. As the year ends, here are the highlights from 2020 and five things to watch out for in 2021. The...
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