Thursday, February 6, 2020

A Few Statistics to Put The Economy in Perspective


INDICATOR
UPA Era Statistics
NDA Era Statistics
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)
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)
1,05,27,674
(2014-15)
14077586
(2018-19)
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. 

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