Discover and read the best of Twitter Threads about #economicslowdown
Most recents (9)
[1/n]. Between 2008 and 2015, 27 quarterly reports to assess the impact of #economicslowdown on #employment in India was brought out by the #LabourBureau, see URL: labourbureaunew.gov.in/UserContent/Re… @NREGA_Sangharsh @AiyarYamini @AninditaAdhik13 @waglenikhil @mandeeppunia1 @IM4ChangeIndia 
[2/n]. The NDA govt. has carried out no such quarterly surveys (quick ones) 2 measure d impact of #lockdown + #COVID19 on #employment, given d fact that the present #economiccrisis is much more severe than the 2008 one. @mandeeppunia1 @AninditaAdhik13 @nikhilmkss @IM4ChangeIndia
[3/n]. Only reports by #CSOs, #NGOs and academicians based on #surveys are available, covering the #COVID19 #lockdown period and later, some of which are available at im4change.org/farm-crisis/un… @AajeevikaBureau @AninditaAdhik13 @mandeeppunia1 @Outlookindia
The ongoing #publichealth crisis, lockdowns and #economicslowdown, have created a unique law and order challenge. #Read our note on #policing measures undertaken to meet this multidimensional challenge.
bit.ly/IDFCIpolicepre…
bit.ly/IDFCIpolicepre…
1. Finance Min Nirmala Sitharaman’s claim that the Indian economy is witnessing “green shoots” of recovery is a “problem" & #EconomicSlowdown is here to stay, India's former chief statistician Pronab Sen told me in this interview.Key points in this #Thread bit.ly/3bIlrjd
2. Last week, FM Sitharaman said Indian economy was "not in trouble" & there were "green shoots" of recovery citing good numbers from 7 economic indicators, including high FDI & #GST collections. Few days later, 2 key indicators showed poor numbers bit.ly/3bIlrjd
3. Consumer Price Index (CPI) in Jan '20 was @ 5 year high of 7.59% & Index of Industrial Production (IIP) in Dec '19 fell to -0.3%, taking sting out of FM Sitharaman's claim of "green shoots". Thus, here, Sen cautions against using such exaggerations: bit.ly/3bIlrjd
Will the #Coronavirus Cause a Major Growth Slowdown in #China? Three important factors may limit the virus’s impact on Chinese and global #GDP, according to a recent article by CF40 advisor Wei Shangjin @ProSyn: mp.weixin.qq.com/s/ZMyqSpRKpw7r… #EconomicSlowdown #economics
Its effect on Chinese GDP growth rate in 2020 is likely to be small, perhaps a decline on the order of 0.1 percentage point, though the effect in the first quarter of 2020 will be big.
First, in contrast to the SARS outbreak, China is now in the Internet commerce age, with consumers increasingly doing their shopping online.
भाजपा सरकार सौ दिन का जश्न मनाने जा रही है। लेकिन ऑटो सेक्टर, ट्रांसपोर्ट सेक्टर, माइनिंग सेक्टर को तो ये जश्न बर्बादी के जश्न जैसा लगेगा। हर सेक्टर से एक के बाद एक प्लांट बंद होने और नौकरियाँ जाने की खबर आ रही हैं।
#EconomicSlowdown
#आर्थिकमंदी
#EconomicSlowdown
#आर्थिकमंदी
वक़्त जश्न मनाने की बजाय अर्थव्यवस्था में भरोसा बनाने का है। क्या सरकार के पास ये सच स्वीकारने का साहस है?
#EconomyCrisis
#EconomyCrisis
Credits @TheLallantop
A simple understanding of the slowdown that has gripped us since 2015 (we are discounting all growth numbers put out) #EconomicSlowdown
Demographics bite–India’s Unemployment rate has spiked from 3.5% in 2010 to over 6% in 2018 : some estimates put this no. At over 9% for 2019
Demographics bite–India’s Unemployment rate has spiked from 3.5% in 2010 to over 6% in 2018 : some estimates put this no. At over 9% for 2019
Gross Domestic Savings rate as a % of GDP has fallen from 34% in 2010 to 29% in 2018 – FYI we grew from 22% in 1991 to 26% in 1995 and from 28% in 2003 to 34% in 2010 (the so called boom years)
Gross Investment has fallen from a high of 41% of GDP in 2012 to 32% in FY 18
Gross Investment has fallen from a high of 41% of GDP in 2012 to 32% in FY 18
Subsidies remained flat during 2014 – 2018 (marginal increases ) compared to a near 6X increase between 2005 – 13 (putting more money in the hands of the consumer).
STAGFLATION in the Rural Economy between 2014-2019 did not help
STAGFLATION in the Rural Economy between 2014-2019 did not help
1/9 I have purchased a car very recently. So, I went through the usual motions of a large and involved purchase at the time of my decision. This might also give you an insight into the auto sector slowdown #AutoSector #SlowDown #Economyslowdown #economy
2/9 Clean fuel vehicles are coming: Hydrogen fuel cell, & #ElectricVehicles (#BEV & #PHEV) are coming sooner than we thought. Govt envisions an electric mobility future for us & is taking a lot of steps to push EVs under #FAME2 scheme. To reduce pollution & fuel import bill.
(1/n) Among many things addressed today in Finance Minister's Meet with Press, she addressed there will be development of Credit Default Swap (CDS) Markets in consultation with @SEBI and @RBI RBI. This step was taken following the credit events of IL&FS, DHFL etc in past yr
For all the people who are blaming Government for #EconomicSlowdown, Here is the reply
#JetAirways closed because of there own management default not because of economy slowdown
As all the flights of JetAirways fly with full occupancy and excellent time slot on each airports 1/N
#JetAirways closed because of there own management default not because of economy slowdown
As all the flights of JetAirways fly with full occupancy and excellent time slot on each airports 1/N
#AirIndia did not make losses overnight
They are born with losses
#BSNL 54,000 jobs will shift to #Jio landline. It’s shifting of jobs and not unemployment
#HAL employees delivered Chetak helicopter to Indian navy before schedule and got huge orders
They are over booked. 2/N
They are born with losses
#BSNL 54,000 jobs will shift to #Jio landline. It’s shifting of jobs and not unemployment
#HAL employees delivered Chetak helicopter to Indian navy before schedule and got huge orders
They are over booked. 2/N
12.76 lakhs houses unsold in 30 major cities because of over supply and changing job structure
New generation prefers to stay on rent instead of buying a house
Aircel is dead in 2013
JP Group finished in 2014. 3/N
New generation prefers to stay on rent instead of buying a house
Aircel is dead in 2013
JP Group finished in 2014. 3/N
