A Few Statistics to Put The Economy in Perspective

-

INDICATOR
UPA Era Statistics
NDA Era Statistics
Consumer Price Index (NS) growth average
Also see: http://164.100.34.62:8080/Inflation_CurrentSeries_2012.aspx (CSO)
10.4% (2009-14)
4.3% (2014 to 2019-20)
Forex reserves (US$ billion/₹ billion)
312 / 18,324
(23 May 2014)
419 / 29,240
(31 May 2019)
S&P BSE Sensex
22,344 (8 May 2014)
38,564 (1 May 2019)
Private FDI Equity Inflows (US$ billion) (calendar year basis)
177 (2006-2013)
237 (2014-Sept 2019)
GDP in whole numbers (₹ crore)
1,05,27,674
(2014-15)
14077586
(2018-19)
New firm registration growth rate
3.8 % (2006-2014)
12.2% (2014-2018)
NPA recovery
₹35,000 crore
₹70,000 crore

A reality check for all those who think the economy is slow. By the way, 8 year overall high on manufacturing and services, 3 consecutive months of ₹1,00,000 crore plus GST collections are also realities.

It is merely cyclical. 

Comments

Post a Comment

Popular posts from this blog

The Senseless Obsession with a Uniform Civil Code - Hindus Will be Net Losers

-
Image
Once again, the bogey of Uniform Civil Code (UCC) has come to the forefront of political deliberations. UCC is being seen as some kind of panacea for a variety of problems that the Hindus face in India. The worst part is that many right minded Hindus seriously believe that UCC will be some kind of game changer in this country. This, when fact remains that UCC does nothing to solve the challenges of Hindus and their second class status in India. Nevertheless, one must realise that UCC does more harm to Hindus than good, and a few good and solid reasons exist for this.  For this, let us have a look at what is being pushed for in the Uttarakhand draft of the UCC bill. As per twitter discussions, these are the thirteen key features of the bill: 1: Polygamy will be banned. 2: The age of marriage of girls will be increased so that they can graduate before marriage. 3: Declaration of live in relationship will be necessary. Parents will be informed. 4: In succession, girls will get an equal sh
Read more

The Kidnapping of Nahida Imtiaz - The incident that caused a spike in terrorist kidnappings in Kashmir

-
Image
Nahida Imtiaz After She Returned Home in 1991 (courtesy: India Today) Those following the issue of terrorism in the Kashmir valley may recall the infamous 1989 kidnapping of Rubaiyya Sayeed, the daughter of then Home Minister of India and later Chief Minister of Jammu and Kashmir Mufti Mohammad Sayeed. The harrowing episode had resulted in the release of hardcore militants of the Jammu Kashmir Liberation Front (JKLF). However, little is discussed about another kidnapping that had happened, just two years later. The target this time was another prominent Kashmiri politician – Saifuddin Soz. THE TURBULENT SCENARIO On 27 February 1991, the Jammu and Kashmir Students' Liberation Front (JKSLF) kidnapped Nahida Imtiaz, the daughter of Saifuddin Soz. The JKSLF demanded the release of five terrorists put in jail by the security forces. At the time, Saifuddin Soz was a prominent leader of the Jammu and Kashmir National Conference led at the time by Farooq Abdullah. The JKNC h
Read more

The People Left Behind in Assam

-
Image
Linguistic Map of Assam - courtesy Sagir Ahmed 2012 and 2014 were two years that brought bad memories about ethnic violence of the Bodoland regions of Assam. In both these cases, there was direct conflict between the Bodo tribal factions of the National Democratic Front for Bodoland and the Muslims in the region, leading to severe violence. Issues of victimization and the unfairness of the rehabilitation politics have plagued the discussion. However, for those who have followed Assam politics and culture, this was neither the first conflict, nor is it expected to be the last one. In 2007, there were raids made by Bodo guerilla groups on Adivasi populations of Assam, flaring up the Faultline further. In the first part of the series, there was discussion on the language-ethnicity faultlines that have caused much friction in Assam and had touched upon the various concerns on cultural concerns, with some socio-economic aspects causing the crisis. The piece was mostly centere
Read more