Monday, 4 July, 2022
TopicConsumption

Topic: Consumption

Fewer restaurant visits & new clothes, more non-veg food — how Covid affected Indians’ spending

According to govt data, food & household utilities were the only bundle of goods that witnessed a positive growth rate in 2020-21, the first pandemic year, compared to previous financial year.

India’s economic recovery is lopsided. It’s firing on one and a half cylinders

The two major engines of growth — consumption and investment, which make up more than three-fourths of the Indian economy — are yet to recover.

What owning a bike in Punjab, Tamil Nadu and Bihar tells us about India’s asset poverty

Fan to fridge, bike to TV, consumer durables can tell us a lot about India’s asset poor and their progress.

My estimates are grim. Expect GDP to contract 11.5%: India’s former chief statistician Sen

According to Pronab Sen, any data that is collected by a door-to-door survey will be impacted by the pandemic as govt won’t permit field investigators to take that risk.

Is boosting liquidity enough or should govt put money in people’s hands to spur demand?

Finance Minister Nirmala Sitharaman has announced collateral-free loans, credit guarantees, capital infusion and various other liquidity-boosting measures for MSMEs, NBFCs & DISCOMs.

There’s no ‘How to revive economy after Covid’ playbook. But Modi’s India can have an edge

Although economists have warned against decisions like America First and Brexit, India does have the edge when it comes to boosting domestic consumption post-coronavirus.

Indu Bhushan addresses Ayushman Bharat issues, Nasim Zehra on Pakistan’s Kargil blunder

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

Why economic progress is not at the centre of India’s national agenda anymore

The Modi government can win elections amid a slowing economy and the opposition has lost its voice.

Wrong to raise alarm over slowdown in India’s consumption

Consumption cannot bail out an ailing economy. It is the consequence of a good or bad economic environment, no matter which way we calculate GDP.

Consumption has long propped up India’s economy, so its decline is cause for alarm

The macroeconomy appears sombre because of old difficulties like financing and investment, and new ones like consumption demand.

On Camera

YourTurn

Ghouse Mohammed and Riyaz, arrested for the murder of Udaipur tailor Kanhaiya Lal Teli | ANI

Why we should know where Udaipur killers lie on the staircase of radicalisation pyramid

Udaipur’s violent executioners had reached the highest point of radicalisation where the only option left before them was to kill their innocent victim.
Illustration by Soham Sen

Keep calm and carry on: Unlike wheat, rice isn’t hot yet

The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.

Defence

Army personnel give military honours to the soldiers of Territorial Army's infantry 107 battalion who lost their lives in the Manipur Landslide, 2 July 2022, Siliguri | Credits: ANI Photo/ ANI Pic Service

A look at the Territorial Army — The Indian military’s task force hit by the Manipur landslide

The Territorial Army, a part-time military organisation for Indians who may have other jobs, is essentially a volunteer force that can be quickly mobilised in the defence of a state.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
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