India economy: Seven years of Modi in seven chartsInternational 2021-06-23, by Editor Comments Off 0
His thumping mandate – in 2014 and again in 2019 – raised hopes of big bang reforms.
But his economic record, in the seven years he’s been prime minister, has proved lacklustre. And the pandemic battered what was an already under-par performance.
Here’s how Asia’s third-largest economy has fared under Mr Modi, in seven charts.
Mr Modi’s avowed GDP target – a $5 trillion (£3.6 trillion) economy by 2025, or roughly $3 trillion after adjusting for inflation – is a pipe dream now.
Independent pre-Covid estimates for 2025 had touched $2.6 trillion at best. The pandemic has shaved off another $200-300bn.
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Sputnik International
India s unemployment rate rose to its highest level since 1991 during 2020 as coronavirus pandemic caused the economy to come to a screeching halt, according to a study. The nation saw one of the toughest lockdowns in the world starting March last year as
India s unemployment in 2020 at worst level in 29 years, shows study
India s unemployment rate sharply rose to 7.11 per cent in 2020 from 5.27 per cent in 2019; the United States and Brazil showed higher unemployment rates in comparison to India
BusinessToday.In | May 28, 2021 | Updated 18:51 IST
India s unemployment rate rose to its highest level since 1991 during 2020 as coronavirus pandemic caused economy to come to a screeching halt, according to a study. The nation saw one of the toughest lockdowns in the world starting March last year as the pandemic claimed numerous lives, with stringent restrictions on mobility and economic activities across the board.
India s unemployment rate sharply rose to 7.11 per cent in 2020 from 5.27 per cent in 2019, said a report by Centre for Economic Data and Analysis (CEDA) based on the ILOSTAT database of International Labour Organisation. Going back, India saw its unemployment rate rise between 2008, when it was 5.36 per cent to 5.65 per
Covid-19 may leave thousands of Indians unemployed forever — Quartz India qz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from qz.com Daily Mail and Mail on Sunday newspapers.