India’s Foreign Trade – Part II, Invisibles.
India imported merchandise goods worth $721 bn against exports of $456 bn in FY23 leading to trade deficit of $265 bn. While India faces significant merchandise trade deficit, it generated…
Analyzing India’s Foreign Trade – Part I, Merchandise.
India continues to record huge trade deficit with imports exceeding exports by a significant margin over last twenty years. Cumulative trade deficit for India stands at little less than $900…
Status of Employment in India – FY23
Periodic labour force survey (PLFS) for FY23 (July’22 to June’23) shows a significant decline in unemployment rate (UR) over previous years. While the share of salaried jobs has declined over…
Producer Price Index (PPI) – Is It Better Than WPI??
Inflation is core of any discussion on economic & policy issues as any increase in price affects the entire nation. This also prompts economists to strive to find as precise…
Government Infrastructure Projects – The Progress & The Delays
Government’s thrust on speedy implementation of infrastructure projects seem to gaining momentum with 330 projects getting completed during FY23. This contrasts with average of 80 till FY18. Yet, large number…
Rs 2,000 Note Withdrawal – Tracking the Money Flow
The announcement of withdrawal of Rs 2,000 currency note from circulation has not caused panic like in case of 2016 demonetization for variety of reasons. From an academic perspective, it…
Analyzing GDP Growth – FY23
GDP (Gross Domestic Product) of Indian economy recorded growth of 6.1% during Jan-March’23 quarter (Q4’FY23) and 7.2% for FY23, full year as per the data released by NSO (National Statistical…
FY23 Inflation Analysis
India’s inflation based on both WPI and CPI continued its downward trajectory, reaching a level of 1.3% and 5.7% for March’23, the last month of FY23. However, annual average still…
Has The Unemployment Rate Come Down? – Analyzing PLFS Report
Periodic labour force survey (PLFS) for the period July’21 to June’22 (FY22) shows a decline in unemployment rate (UR) over previous years. However, amidst the continued sluggishness in economic performance,…
Analyzing GDP Growth – Q3’FY23 (Oct- Dec’22)
Indian economy has grown by 4.4% during Oct-Dec’22 quarter (Q3’FY23) as per the data released by NSO today. Growth rate significantly lower than 6.3% in Q2’23 and 5.4% in Q3’FY22.…