Indian Economy : All

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PTI
Industrial Production Shrinks 1.9% in Nov; Enters Negative Zone After 2 Months
12 Jan 2021
The manufacturing sector -- which constitutes 77.63% of IIP -- recorded a contraction of 1.7% in November 2020, as per data released by the National Statistical Office
Saulat Nagi
For Capital, the Calamitous Farm Reforms are an Opportunity
11 Jan 2021
The Modi regime’s laws will expose peasants to the chicanery of a new kind of middleman—CEOs of the profit-seeking oligarchy.
Newsclick/PTI
Economy May Contract by 7.7% in 2020-21: Govt’s First Advanced Estimate
07 Jan 2021
In the current fiscal, the manufacturing sector is likely to see a contraction of 9.4%. Private final consumption has been estimated to shrink at -9.5% against 5.3% year-on-year.
Newsclick Report
Centre, States’ Revenue Collections Dip in FY 2020-21 Even as Expenditure Increases
29 Dec 2020
While revenue collection has suffered, expenditure has risen, leading to increased reliance of states on market borrowings.
Prabhat Patnaik
There’s Nothing to Celebrate About Q2 GDP Estimates
05 Dec 2020
The statistics are dubious because there is a substantial increase in GDP under the head “discrepancies”, which is synonymous with errors and omissions.
Prabhat Patnaik
Why Recovery at Cost of Worker Immiserisation Won’t Last Long
21 Nov 2020
GDP recovery from the lockdown-induced abyss is accompanied by significant labour displacement and squeeze on wages, which will impact aggregate demand.
PTI
Wholesale Inflation at 8-Month High of 1.48% in October
16 Nov 2020
Pushed by costlier manufacturing products, this is the highest level of wholesale price index-based inflation since February, when it was at 2.26%.
PTI
After Uptick in Sep, India’s Exports Dip 5.4% in Oct; Trade Deficit Narrows to $8.78bn
03 Nov 2020
Exports fell on account of decline in shipments of petroleum products, gems and jewellery, leather, and engineering goods.
PTI
Fiscal Deficit at 114.8% of Annual Target at Sept-End
29 Oct 2020
Poor revenue realisation owing to lockdown blamed for spike in government’s fiscal deficit, which breached the budget estimate in July itself.
PTI/NewsClick Report
Wholesale Price Inflation at 1.32% in September Due to Costlier Food
14 Oct 2020
The wholesale price index based (WPI) inflation has been in the negative zone for four straight months – April (-) 1.57 per cent, May (-) 3.37 per cent, June (-) 1.81 per cent and July (-) 0.58 per…