Thread by @SupriyaShrinate

Q1 #GDP has now been revised lower to -24.4% from the previous reported contraction of -23.9%

Private final consumption expenditure at Rs 21.2 lakh crore is down 2.4% YoY

https://twitter.com/SupriyaShrinate/status/1365279463546572802

While manufacturing has grown by 1.6% in Q3 vs 0.6% QoQ.

Services have continued to contract at -7.7%. This slump in trade hotels hospitality and communication a concern because Of their heavyweight in the #GDP many quarters before the pain ends

Private final consumption expenditure at Rs 21.2 lakh crore is down 2.4% YOY. But while demand for goods is picking up demand for services which is the biggest contributor to our GDP is trailing and is unlikely to pick up even in the next few quarters.

Contrary to claims govt has spent a lot less then what is needed to revive the economy. Public administration in Q3 contracted by -1.5%. Government Final Consumption Expenditure at ₹ 3.55 lakh crore lower than ₹ 3.59 lakh crore YOY. Why shy away from expenditure? #GDP

The big lesson Q3 GDP growth now carry for the insensitive Modi govt is that Agriculture which has grown at 3.9% in Q3 has continued to hold steady so stop Torturing our farmers and withdraw the 3 black laws.

It will take us at least 2 years to get back to 2018 #GDP level

It is crystal clear that there is immense pain in the informal sector which needs support from the govt. don’t just be hum do humare do ki sarkaar instead wake up and smell the coffee Mr @narendramodi

Don’t get swayed by your stupid bhaktmandli or your spin doctors about #GDP !