The year 2020 is possibly the most horrible year since the end of second world war. The all-pervasive influence of the pandemic made the turbulence of last few years a breeze. However, that was not the only crisis India, as a nation had to face with China creating another trouble spot on the borders. Here is a look at some of the far-reaching events of the year. Continue reading The Year That was – Economy & Policy
Category: Economy
Food Processing Industry – An Overview
State of the Economy – Analysing the Liquidity Condition
State of the Economy – Tracking the Recovery
EPFO Payroll Data – Estimating the Recovery After Covid-19
GDP, Sept’20 Quarter – Analyzing the Performance
The GDP for quarter ended Sept’20 (Q2’FY21) recorded a decline of 7.5%, as per the data released by NSO (National Statistical Office) today. While the contraction would have been a cause of great worry, it is actually quite comforting in the current circumstances. Another positive for the quarter is growth recorded by manufacturing sector, although marginally, which had declined for three successive quarters even before COVID-19. However, what is intriguing is that government curtailed its expenditure during the quarter without waiting for the full recovery. Looking at the performance, it is quite likely that the economy may be able to restrict full year contraction to about 6-7%, lower than projections of close to 10% made so far. Here is a brief analysis of GDP and its constituents. Continue reading GDP, Sept’20 Quarter – Analyzing the Performance