scorecardresearch
Friday, March 29, 2024
TopicGDP data

Topic: GDP data

India’s GDP data has several issues that need clarity, but overall the economy is a good news story

India's growing at more than twice the speed of global economy, and doing better than any other large economy, but longer-term problems with country's statistical system & data base remain.

After causing some worry, manufacturing brings a pleasant surprise in Q2. But consumption a concern

While indicators of urban demand are growing at a sharp pace, rural consumption is in slow lane. However, manufacturing, mining and construction have all seen double-digit growth.

Amid GDP row, govt hits out at critics but concedes its data insufficient to gauge economic activity

Two articles, one by visiting Princeton prof & another by ex-CEA, question India’s GDP calculation. 'Critics latch on to anything that doesn't paint economy in good light,' says govt.

India’s GDP for April-June quarter grew by 7.8%, 5 out of 8 sectors saw over 5% growth

Agriculture, and financial, real estate & professional services sectors grew faster this year than last year, while most of the other sectors registered slower but robust growth.

India’s economic indicators telling a story—of growth, recovery, robustness

A 7.2 per cent growth coming on top of a base of 9.1 per cent is a creditable performance, and a deeper look at the data revealed this to be true.

FY23’s positive GDP data hides worrying trends: Weak consumption, sustained slump in manufacturing

It should be cause for worry that, by latest quarter, agriculture had become 25% bigger than manufacturing. This is the exact opposite of what 'Make in India' intended.

GDP data shows how well Nirmala Sitharaman handled pandemic economy. Critics judged too soon

The impact of pandemic meant that the revisions made to the data for 2020-21 and 2021-22, in particular, are even more significant than usual.

How did Indian economy perform during pandemic & after? Turns out, not as badly as was estimated

Having received additional data on Covid-impacted 2020-21, govt has revised the year’s growth upwards in each revision. Growth for post-pandemic 2021-22 has also been estimated higher.

India’s GDP still expected to grow 7% in 2022-23, but Q3 growth slows down to 4.4%

Manufacturing sector a major disappointment as it contracted 1.1% in Q3. Services such as tourism, transport & communications saw strong growth in this quarter.

GDP data this week will indicate FY23 outlook. But analysis shows growth still below pre-Covid yrs

Analysis of industrial & consumer data not included in usual ‘high-frequency indicators’ shows although demand seems to have recovered from pandemic, it remains weak.

On Camera

Oka to Nagarathna—Bombay High Court judges taking up the cudgel when faith in courts eroding

When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.