Analyzing Jobs Lost During Covid-19 – PLFS Survey

The release of periodic labor force survey (PLFS) data for April-June’20 quarter, the peak lockdown months, gives a comprehensive view of the extent of job losses. As per the survey, urban unemployment rate reached a level of 20.9% during the quarter. The dis-aggregated figures reveal that stress was as high as 59% for specific segment at state level. Here is a look at some of the details. Continue reading Analyzing Jobs Lost During Covid-19 – PLFS Survey

Analyzing the Impact of Covid-19 on Global Debt – IMF Report

Covid-19 is not only leading to unprecedented loss of human lives, it is leading to a huge economic cost too. Governments are borrowing extraordinary amount of money to make up for the lost revenue and to provide support to individuals and corporate. As per an IMF report, the recourse would lead to sharp increase in government debt to GDP ratio. Here is a look at some of the figures. Continue reading Analyzing the Impact of Covid-19 on Global Debt – IMF Report

Understanding Rural Income Pattern (Part I)

The distressful condition of poor in general and rural population in particular has become an important issue during this election and desirably so. However, while data on income level and income pattern in urban India is easier to obtain, getting the same for rural India is tougher. To address this issue, NABARD (National Bank for Agriculture & Rural Development) undertook an extensive survey, the report on which was published in Aug’18. The report gives valuable insights on income as well as borrowings level of rural households. Here is a look at the details. Continue reading Understanding Rural Income Pattern (Part I)

Wealth Inequality – Is There A Way Out??

While media continues celebrate wealth and growing number of millionaires, the income disparity across the world is getting worse. As per the Oxfam report released earlier this week, an astonishing 82% of total wealth created last year was cornered by the top 1% while the bottom half saw no increase at all. The increase, over $760 bn, was seven times what is needed to bring about 15% of the world’s population out of poverty. Here is a look at some more details from the report. Continue reading Wealth Inequality – Is There A Way Out??

Analysing RBI’s Instruments for “Liquidity Management”

Among the points of contention between RBI and the government is market liquidity condition. While RBI says that there is enough liquidity in the market, government is not sure of that. Both have a point there. The enormity of the issue is evident from the fact that during September month alone, RBI transacted close to Rs 14 lakh crore to maintain liquidity. But how exactly does RBI manage liquidity and how is it different from managing money supply through monetary policy. Here is an attempt to understand RBI’s liquidity management operations.
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Operationalizing Brexit – What is at Stake??

The process of withdrawal of United Kingdom from European Union has gained momentum with release of draft agreement about a week back. As per the current legal statute, UK would be out of EU on 29th March 19 and both the parties have to enter into a deal before that to avoid disruption to businesses and life, in general. Current trade between EU and UK  stands at over $500 bn of goods trade, $235 bn of services and about $1.4 trillion of EU assets being managed by UK based financial services firms. Despite the pressure on British currency, EU also has a lot to lose from the exit. While the negotiations have not been as tough as anticipated and as nerve wracking as in the case of much feared Greek exit, fingers are still crossed. Here is a look at the economic aspect of the withdrawal and why an orderly withdrawal matters. Continue reading Operationalizing Brexit – What is at Stake??

GDP, Sept 18 – Analyzing the Performance

After hitting a high of 8.2% in June 18 quarter (Q1’FY19), GDP growth has slowed to 7.1% in Sept’18 quarter (Q2’19) as per the data released by MOSPI today. GVA growth rate is also in the same line at 6.9% against 8.0% in Q1. Even though the rate has moderated over previous quarter, it is fourth quarter of 7%+ growth and gives sense of stability to the economy after going through the adjustments due to demonetization and GST. However, issues like sharp rise in crude price rise or disturbance in the financial market may keep the growth rate under check in the current quarter. In terms of absolute value, GDP at constant price is Rs 34 lakh crore and Rs 45.5 lakh crore at current prices. Continue reading GDP, Sept 18 – Analyzing the Performance

Corporate Analysis – Hindalco Industries

Hindalco Industries registered consolidated revenue of Rs 1.16 lakh crore in FY18, almost the same as L&T and Tata Steel. However, company doesn’t have as much visibility as the other two, partially due to lower profitability of the business. Its net profit for the year was about Rs 6,000 crore against as high as Rs … Continue reading Corporate Analysis – Hindalco Industries
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Inland Waterways – Tapping the potential..

The laying of foundation stone for development of another inland waterway earlier this month brought little focus on the inland waterways transportation system. With nearly 14,500 km of waterways, roughly 5 times the length from North to South, these waterways can change the landscape of goods transportation within the country. In fact, the ease of transportation and huge benefits arising out of it leaves one wondering why they have not been developed so far?? Continue reading Inland Waterways – Tapping the potential..

Budget – Revenue and Expenditure Analysis..


The Budget for year 2017-18 projects a total shortfall of Rs 5.5 lakh crore with total expenditure projected at Rs 21.5 lakh crore against receipt (excluding states’ share) of Rs 16 lakh crore . A look at the different components of the budget.
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