Discover and read the best of Twitter Threads about #GDPgrowth

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Financial Score Card of PTI Government:

(page 1)

PTI had 4 Finance Ministers in 4 years. These FMs failed in all the basic fundamentals of economy. This is not a political post but a statistical analysis of what went wrong & how Pakistan reach the verge of financial default.
1. GDP Growth
PTI crashed the stable Growth of 5% to 2%. This happened pre-covid when intl commodity prices were still low. This happened because @Asad_Umar was not prepared to juggle between loan payments & trade deficit. @ImranKhanPTI pushed him ultimately for @imf_pakistan
2. Import Optimization
Govt had no control of imports. Traders took max benefit of their utter unprofessionalism. Agriculture Pak imported weight upto 1 Billion $ in an year. Example incl Banned CBU units of PM friend @JAfridi10 went for imports for hundreds of millions (MG HS).
Read 11 tweets
GDP Data: Looking back to see where we are!
Lot of ground to cover?

1. GDP is less than 2018-19. Higher by 2.39% from 2017-18. Nearly Static over 4 years.
2. PFCE is less than 2017-18. Consumers, the biggest contributors are struggling.

@SahilKapoor @dugalira @CafeEconomics
3. Govt. Final Cons Exp up by a CAGR of 3.75% over 4 years. Less than last year.

4. GFCF is less than 2018-19. CAGR of 0.82% over 4 years.
5. Inventory significantly less than 2018-19. Does it say something about business confidence?

6. Always lumpy. But not a great picture. Last quarter was one of the best. This is one of the two worst quarters in 4 years.
Read 7 tweets
#MCProOpinion | Fixing the cost of the vaccines is proving to be a knotty problem, writes Prosenjit Datta

#COVID19 #Vaccine
moneycontrol.com/news/opinion/t…
#MCProOpinion | India has set an ambitious target of achieving renewable energy capacity of 500 GW by 2030. But doubts remain: Abhijit Kumar Dutta

#renewableenergy #renewables
moneycontrol.com/news/opinion/i…
#MCProOpinion | Supply disruption during COVID-19 is driving positive change in the automobile industry. Manufacturers are stepping up local sourcing. This can benefit the domestic auto component industry: R Sree Ram

#AutoSector #COVID19
moneycontrol.com/news/opinion/l…
Read 5 tweets
.@RahulGandhi &likes of @chetan_bhagat,questioned need for a strict lockdown;Well,our deaths per million are 56,Vs 612 in UK&596 in US

#GoldmanSachs predicts 15.7% #GDPGrowth in FY22 for India,thx to reforms by @narendramodi

My Oped in @DailyGuardian1👇
thedailyguardian.com/modi-2-0-the-b… Image
Not only are deaths per million lowest in India,thanks to strict lockdown by @narendramodi govt when #Covid_19 pandemic was rampant,but equally,our #Critical cases per million are 8944 Vs 14347 for USA&8318 for Brazil;And don't forget,UP alone has a population higher than Brazil!
.@BT_India gives graph of FY21,almost rejoicing at India's GDP drop;What stops @aroonpurie &his team to also put out a graph that next fiscal year,India will have sharpest V shaped rebound,with #Fitch estimating our GDP growth@ 11%,#IndiaRatings at 9.9%& #Goldman,at a huge 15.7%! Image
Read 3 tweets
#BusinessToday 👇Your graph below is incorrect

You have given #annualised numbers for other countries but you have given #sequential numbers for #USA&Japan Why ?This is misleading

The number for US should be a decline of 32.9%&for #Japan it should be a fall of 27.8%

#GDPData
.@BT_India change this erroneous graph--You have no business using different scales&different time periods for different countries in the same graphical representation;How can you get such a basic fact wrong?Or is this a deliberate attempt to scuttle facts? @aroonpurie

#GDPData
Your updated graph is still wrong! What is happening @aroonpurie ?

Your team can't even depict correct numbers on a graph?

GDP decline for #Japan is 27.8% &not 7.6%,as incorrectly shown by your team

Change the graph-India's Nos are much better off Vs peers

#GDPData #GDPGrowth
Read 3 tweets
“Many young and beginning farmers start out in local markets. Some stay there, and some scale up.” - Tom Vilsack

On our #TheAfricanFarmersStories edition today, our guest is another young agropreneur making his mark in the industry. Join us at 2pm WAT.
Good afternoon, everyone. In a short while, we'll commence our interview session with our guest on today's edition of #TheAfricanFarmersStories

My name is Edobong Akpabio, your host on this Series. Let's get to know a little about this amazing agropreneur, John Agboola.
John Agboola is an agriculturist/farmer with a passion for agricultural research for development. He is a value chain catalyst with a degree in Agricultural Economics and Extension from the Federal University of Technology, Akure, Ondo State, Nigeria.
#TheAfricanFarmersStories
Read 26 tweets
(1/n)Thread on "The Call to Boycott Made in China Products".
Src: CNBC TV18

#India's Trade Deficit with #China:
FY17: Rs.3,43,853 cr
FY18: Rs.4,06,241 cr
FY19: Rs.3,74,790 cr
FY20: Rs.3,06,634 cr (Apr-Jan)

#investment #AtmaNirbharBharat #coronavirus #economy #GDP #stockmarket
(2/n) India - China trade Imbalance:

Imports: US$70,408 mn
Exports: US$16,783 mn
Deficit: US$53,625 mn

#China #India #BoycottChina #BoycottMadeInChina #BoycottMadeInChina #investors #import #export #CoronavirusIndia
(3/n)- India's imports from China:
Category : Share
Manufacturing: 95.94%
Chemicals: 19.53%
Engg & Transportation: 30.67%
Electronics: 31.63%
Ores & Minerals: 1.62%
Agri & related: 0.44%
Crude & petro prdts: 1.42%
Others: 1.58%

#BoycottChina #BoycottMadeInChina
Read 5 tweets
That China's 2020 Government Work Report did not mention specific growth target is within expectation.
It's difficult for the #GDPGrowth target to fully incorporate all problems and risks, and to fully reflect the quality and structure of the Chinese economy. A simple GDP target could push #China into a GDP trap, ignoring the principal contradiction and core risks it faces.
Instead of setting a growth target this year, China will place higher priority on ensuring the stability of employment and living standards.
Read 5 tweets
[1/n]. Budgetary allocation for #MGNREGA has been slashed from Rs. 71,002 crore in 2019-20 (R.E.) to Rs. 61,500 crore in 2020-21 (B.E.) viz. a fall of Rs. 9,502 crore (-13.4%). URL is bit.ly/2GI2cbf #UnionBudget2020 #EffectiveDemand #RuralDemand @kkuruganti @someshjha7
@kkuruganti @someshjha7 [2/n]. In comparison to #MGNREGA allocation of Rs. 60,000 crore in FY 2019-20 (B.E.), the rise in allocation in FY 2020-21 (B.E.) is just by Rs. 1,500 crore (viz. 2.5%). URL is bit.ly/2GI2cbf #RuralWages #KeynesianIntervention @businessline @Outlookindia
@kkuruganti @someshjha7 @businessline @Outlookindia [3/n]. In Budget at a Glance document (bit.ly/39223M3), nominal #GDPgrowth in 2020-21 over 2019-20 is expected to be 10%. It means that #MGNREGA allocation (B.E.) as %age of #GDP in 2020-21 is expected to be lower vis-a-vis what was there in 2019-20. #UnionBudget2020
Read 3 tweets
Budgetary allocation for #MGNREGA has been slashed from Rs. 71,002 crore in 2019-20 (Revised Estimates) to Rs. 61,500 crore in 2020-21 (Budget Estimates) viz. a fall of Rs. 9,502 crore (-13.4%). URL is indiabudget.gov.in/doc/Budget_at_… #EffectiveDemand
In comparison to #MGNREGA allocation of Rs. 60,000 crore in 2019-20 (B.E.), the rise in allocation in 2020-21 (B.E.) is just by Rs. 1,500 crore (viz. 2.5%). #unionbudget_2020 @newsclickin @sayantanbera @the_hindu @rozi_roti @NREGA_Sangharsh
@newsclickin @sayantanbera @the_hindu @rozi_roti @NREGA_Sangharsh Headline #retailinflation increased to 4.1% in 2019-20 (Apr-Dec, 2019) as compared to 3.7% in 2018-19 (Apr-Dec, 2018), according to #EconomicSurvey2020. URL is im4change.org/docs/497echapt… #MGNREGA #Budget2020 #FiscalStimulus #RuralDemand
Read 4 tweets
🇮🇳 NAMO NAMO🇮🇳
This thread will list down the 75 reasons why everyone should vote for @narendramodi and @BJP4India

Thanks to @muglikar_ and @IndiaPeCharcha for coming up with these brilliant 1 minute videos.

My effort here is to list all the 75 reasons in a single thread
#Reason1 - @BJP4India MPs work for you.

👉 #Attendance #DiscussBills
👉#PassLaw #75ReasonsToVoteForModi #PhirEkBaarModiSarkaar



#1MinuteTalk by @muglikar_ and @IndiaPeCharcha -

@narendramodi
#Reason2 - Electricity for All

👉 100% Rural Electrification #DeendayalGramJyotiYojana
👉 Electrification of 100% households #Saubhagya

@PiyushGoyal @grameenvidyut
@narendramodi

#75ReasonsToVoteForModi #PhirEkBaarModiSarkaar


#1MinuteTalk @muglikar_
Read 76 tweets

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