Sanjeev Sanyal Profile picture
Jan 31 16 tweets 23 min read
The #EconomicSurvey2022 has just been presented in Parliament. It comes in 2 volumes- the first looks at overall macroeconomic and sectoral developments, and the second is a revamped statistical appendix #EconomicSurvey (1/16) @FinMinIndia @PIB_India @nsitharamanoffc
Indian Economy is estimated to have crossed the pre-pandemic level in 2021-22 with 9.2% growth (AE). Contact intensive services still impacted. #EconomicSurvey2022 #EconomicSurvey (2/16) @FinMinIndia @PIB_India @nsitharamanoffc
#EconomicSurvey2022 forecasts that GDP will grow by 8.0-8.5% in 2022-23. In the interest of transparency, all assumptions have been clearly laid out. This is more conservative than IMF's 9% but still world's fastest #EconomicSurvey (3/16) @FinMinIndia @PIB_India @nsitharamanoffc
Macroeconomic stability indicators look healthy and should provide a buffer from global uncertainty. Forex reserves at approx. US$635bn, equivalent to 13.2 months of imports #EconomicSurvey2022 #EconomicSurvey (4/16) @FinMinIndia @PIB_India @nsitharamanoffc
Banking system is well capitalized. Gross and Net NPA ratio steadily declining despite the pandemic shock. #EconomicSurvey2022 #EconomicSurvey(5/16) @FinMinIndia @PIB_India @nsitharamanoffc
Record risk capital has been mobilized from capital markets by corporates. More importantly there has been a sharp increase in starups across India in 2021-22. #EconomicSurvey2022 #EconomicSurvey (6/16) @FinMinIndia @PIB_India @nsitharamanoffc
Strong growth in Tax and Non-tax revenue have improved fiscal position despite increased spending in health & infra sector. #EconomicSurvey2022 #EconomicSurvey (7/16) @FinMinIndia @PIB_India @nsitharamanoffc
#EconomicSurvey2022 analyses volatility in tomato & onion prices every year to discern the impact of seasonality and weather shocks. #EconomicSurvey (8/16) @FinMinIndia @PIB_India @nsitharamanoffc
Over the course of an year, India delivered 157 crore doses that covered 91 crore people with atleast 1 dose and 66 crore with both doses. #EconomicSurvey2022 #EconomicSurvey (9/16) @FinMinIndia @PIB_India @nsitharamanoffc
India’s unique Covid policy response based on Barbell Strategy, Safety Nets & Agile Framework-Combining safety-nets for vulnerable sections while responding iteratively based on Bayesian-updating of information #EconomicSurvey2022 (10/16) @FinMinIndia @PIB_India @nsitharamanoffc
#EconomicSurvey2022 discusses various measures for helping vulnerable, both as pandemic response and longer term strategy. Impressive progress in providing tap connections to households under Jal Jeevan Mission #EconomicSurvey (11/16) @FinMinIndia @PIB_India @nsitharamanoffc
#EconomicSurvey2022 discusses supply side measures in terms of barbell strategy to create “Flexibility and Innovation” on one hand and “Atmanirbhar Resilience” on the other. #EconomicSurvey (12/16) @FinMinIndia @PIB_India @nsitharamanoffc
#EconomicSurvey2022: Satellite photos of Night-time Luminosity between 2012 & 2021 shows expansion of electricity supply, economic activity and urban growth (13/16) @FinMinIndia @PIB_India @nsitharamanoffc
#EconomicSurvey2022 shows expansion of national highways from 71772 km in 2011 to 140152 km in 2021. #EconomicSurvey (14/16)@FinMinIndia @PIB_India @nsitharamanoffc
#EconomicSurvey2022 shows number of operationalized airports increased from 62 in 2016 to 130 in 2021 (Post-UDAN) #EconomicSurvey (15/16) @FinMinIndia @PIB_India @nsitharamanoffc
Using new geo-spatial methods, #EconomicSurvey2022 compares the extent of urban expansion in Delhi-NCR, Mumbai and Bangalore over time. #EconomicSurvey (16/16) @FinMinIndia @PIB_India @nsitharamanoffc

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More from @sanjeevsanyal

Nov 11, 2021
Covid is seeing a big resurgence in Europe. Germany just recorded 51k cases in a day. Deaths are still low but that rises only after a lag. So, we do not know yet if the vaccine will prevent a spike in deaths.
Same story in Netherlands where cases are back at peak with 12k cases/day - very high for its population size
Cases never really declined in UK and seem to be on a permanently high plateau in the 30-40k/day range. Deaths are well below peak but not negligible at 170/day and drifting up.
Read 4 tweets
Nov 4, 2021
A beautiful depiction of the idea of #KALI - Time - beautiful and energetic driver of universe, destructive & regenerative - held back (just about) by her love of Shiva (consciousness) 1/n

In the Shakta tradition, therefore, the somewhat anarchic nature of the universe is embodied in Kali/Bhawani - whereas the same idea in the Shaiva tradition is embodied in Shiva himself, just about held in check by Vishnu or Parvati 2/n
A central theme of Shakta thinking is that the universe is inherently unstable, ephemeral & chaotic. Some branches Dharmic thought deal with it through detachment. In contrast, the Shakta response is to embrace the imperfect world fully - immersion, not detachment. 3/n
Read 4 tweets
Sep 7, 2021
Two months, shifted from @ViCustomerCare to another provider. Have paid all outstandings but am hounded daily for random new charges. This is harassment & I intent to take this up with @TRAI and Telecom Ministry. Is this common? Is it only with Voda-Idea or a general problem?
I want to get a sense of the scale of the problem - and the tactics use - before I take up the issue. So hope to get some feedback from general public.
I received a very rude and almost threatening call from this no today +918037104873 to pay Vi or face dire consequences. I am obviously not bothered but can imagine it would intimidating for an average citizen
Read 5 tweets
Aug 30, 2021
Decided to go looking for paleolithic petroglyphs recently found in the Aravallis, just south of Gurgaon. These are the ones near Kot (not to confused with the cave paintings found in Mangar) 1/n
There are quite a lot of them scattered over a series of ridges. Here is one that that looks intriguingly like a board game (It is on a horizontal rock, so plausible). Dating unclear but could be very old, maybe 10k years plus 2/n
This is Tejbir, a local, who found the petroglyphs and is now actively looking for more in the hills. Do not believe any claims from anyone else who may claim to have "found" them. Tejbir guided them all to the sites 3/n
Read 5 tweets
Aug 15, 2021
On the occasion of #IndependenceDay I also visited a college established by my great grandfather Nalinaksha Sanyal in Karimpur, Nadia. Met the enthusiastic faculty and inspected the facilities. 1/n
Then I visited Dhoradaha, the ancestral village of Nalinaksha Sanyal and saw a school that he established in name of his father Radhakanta. Also visited his home, part of which has survived. 2/n
The area is perhaps 300 km from Kolkata but there are no decent highways that go to Karimpur. So it is long drive, but a beautiful rural setting once you get there.
Read 5 tweets
Aug 15, 2021
To commemorate #IndependenceDay I am at the ancestral home of Basanta Biswas, the revolutionary who threw the bomb on Viceroy Hardinge in 1912. This house was built by his grandfather Digamber Biswas who had led the Indigo Revolt of 1859 1/n
This place is in a remote village in Nadia, and did not have a road till well into 20th century. The access to the house was by a rivulet. A branch of the Biswas family still loves here but the house is crumbling. 2/n
There is a small memorial to Basanta Biswas at the spot he was born. This section of the house fell down decades ago, so it is now open. 3/n
Read 4 tweets

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