Economy is stuck in a ‘Quagmire’: Questions on Data

Situation assessment as on 14/12/2020 | Rs 500/-

Data released by the National Statistical Office, shows the GDP for the second quarter (July-September) of 2020-21 declining by “only” 7.5 per cent compared to the second quarter of the previous year. Although hailed as “good news”, economist say this show the economy is ‘stuck in a quagmire’ because of fall in private consumption in real terms, declining government expenditure, question mark over fresh investments. There are also question mark over data not being robust

 

Situation assessment for the week ended 14 December  (870 words)

Price: Rs 500/-

Date of SS: 14, December 2020