#Analysis | A medium-term view of the Chinese and Indian economic situation

"While State-sponsored disruption is common to both India and China, their content and desired objectives differ drastically", writes @Roshanjnu

#HTPremium

hindustantimes.com/analysis/a-med…
@Roshanjnu #HTNumberTheory | India headed towards a period of sustained growth advantage over China

Going forward, India will have a higher growth rate than China

#Analysis by @Roshanjnu

#HTPremium

Read: bit.ly/3be1MbH
@Roshanjnu #HTNumberTheory | Latest WEO projections entail a downward revision in growth for both China and India in the medium term

Both India and China are expected to grow at a slower pace

#Analysis by @Roshanjnu

#HTPremium

Read: bit.ly/3be1MbH
@Roshanjnu #HTNumberTheory | China and India might have similar levels of income inequality

Income inequality in China and India

#Analysis by @Roshanjnu

#HTPremium

Read: bit.ly/3be1MbH
@Roshanjnu #HTNumberTheory | But Chinese per capita incomes are much higher than India’s

Per capita income in China and India

#Analysis by @Roshanjnu

#HTPremium

Read: bit.ly/3be1MbH

• • •

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More from @htTweets

23 Jul
#HTNumberTheory | More needs to be done if India wants to achieve its stated target of vaccinating its entire adult population of 940 million by the end of 2021.

By @naalmot | #COVIDVaccination

hindustantimes.com/india-news/six…
#HTNumberTheory | Daily jabs are off their peak, but still higher than before

In the past week, the pace of #COVIDvaccinations has increased again. While it is still short of the peak of 6.39 million, it is significantly higher than what it was before.

hindustantimes.com/india-news/six… Image
#HTNumberTheory | The current pace needs to increase to meet the December 31 deadline

India’s adult population, as on March 1, is 940 million. This means that 65% of the adult population has not received even one dose of vaccines until now. #CovidVaccine

hindustantimes.com/india-news/six… Image
Read 5 tweets
22 Jul
#LIVE: Cabinet briefing by Union Minister @ianuragthakur and MoS @Murugan_MoS starts.

For real-time updates: hindustantimes.com/india-news/bre… Image
#LIVE: A central University is all set to be established in Ladakh, says Union Minister @ianuragthakur in today's #CabinetBriefing.

#CabinetDecisions | For real-time updates: hindustantimes.com/india-news/bre… Image
#LIVE: There will be an establishment of Ladakh Integrated Infrastructure Development Corporation Limited (LIIDCO): Union Minister @ianuragthakur in today's #CabinetBriefing.

#CabinetDecisions | For real-time updates: hindustantimes.com/india-news/bre… Image
Read 4 tweets
21 Jul
Thirty years after Manmohan Singh’s first Budget, as the Indian economy is trying to come out of its largest ever contraction, a look back at how the nature of economic challenges has changed over the last three decades.

By @Roshanjnu
hindustantimes.com/india-news/the…
How serious was the immediate crisis before 1991 Budget?

#ManmohanSingh’s 1991 Budget speech made no attempt to hide the extent of the economic crisis prevailing then.

Read full report by @Roshanjnu - bit.ly/3hVdAUo Image
How bad was the foreign exchange and inflation situation at the time?

CPI (IW) had been in double digits from October 1990 onwards when Singh presented his Budget in 1991. It would stay above the 10% mark until September 1992.

Full report by @Roshanjnu - bit.ly/3hVdAUo Image
Read 6 tweets
11 Jul
In poll-bound #Uttarakhand, Delhi Chief Minister @ArvindKejriwal makes 4 big announcements, including free electricity
@ArvindKejriwal After Punjab, @ArvindKejriwal promises free electricity to Uttarakhand if AAP voted to power.

Track more updates here: hindustantimes.com/india-news/bre…
@ArvindKejriwal "The tasks which have not been done in Uttarakhand for 70 years have been completed in Delhi," says Arvind Kejriwal in the poll-bound state
Read 5 tweets
10 Jul
#HTNumberTheory | In this report, @Roshanjnu looks into three things that will shape the economic narrative when the BJP seeks a third consecutive mandate in 2024

Read: bit.ly/2UDAYN0
#HTNumberTheory | Stock market rally can sustain a 'feel-good’ sentiment among the rich

Surging stock markets have helped sustain India’s image as an investment destination in external markets

Read: bit.ly/2UDAYN0
…but a fall in already stagnant private sector earnings across classes will hurt

The pandemic’s economic shock has inflicted severe damage to labour earnings across the board as the economy sees what is clearly a profit-led recovery. bit.ly/2UDAYN0

#HTNumberTheory
Read 4 tweets
9 Jul
"Despite the fact that so many things are changing in our world...our time tested and trust-based relationship remains very strong, continues to grow": EAM @DrSJaishankar during Joint PC with Russian Foreign Minister, in Moscow

(ANI) Image
@DrSJaishankar "Overall our sense of economic partnership and science and technology partnership is very positive. It was a very good discussion": External Affairs Minister @DrSJaishankar in Russia

(ANI) Image
@DrSJaishankar "I express my appreciation for support we got from Russia during 2nd wave of COVID. Now India has become a partner of Russia in production & use of Sputnik V vaccine" : EAM @DrSJaishankar

(ANI) Image
Read 5 tweets

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