Former financial journalist, currently consulting with @FinMinIndia | Author of 'From Cowrie to Crypto: Blockchain & the Future of Money' | Tweets are personal
Jun 9, 2023 • 6 tweets • 3 min read
Recently there have been a lot of aspersions cast on the Gehlot Govt's handling of Rajasthan's finances. We dived into the numbers to reveal the facts. They might surprise you. A short thread 👇🏽(1/6) theprint.in/economy/is-geh…
- Rajasthan's gross fiscal deficit (FD) spiked more than average during pandemic, but also improved faster than average since then. Increase in FD less under Gehlot than Vasundhara Raje.
- Revenue receipts as % of GSDP highest in 10 yrs, higher than average for states
(2/6)
Aug 18, 2021 • 10 tweets • 4 min read
The RBI's State of the Economy report is one of the most comprehensive documents if you want to know what's the latest on the Indian economy and, to an extent, the world economy. Here's a thread of some of the key data points from the latest edition of the report. (1/10)
Wage growth in the June 2021 quarter has been the highest in more than a year for almost all major sectors. Of course, there's the low base effect, but several high-employment sectors have seen strong growth in June 2021 despite growing in the same quarter last year. (2/10)
Apr 28, 2021 • 9 tweets • 3 min read
There is so much interesting data in this single release. Lots of insight into how the Centre has been prioritising vaccine deliveries to States. Here's a thread of some of the key insights.
There is a strong correlation between a State's share in total vaccines sent out by the Centre and that State's share in India's population. That correlation is 0.87. In simple terms, the most populous States received the highest shares of vaccine doses.
Sep 16, 2020 • 7 tweets • 4 min read
1. There's a campaign being run about India taking a loan from the #AIIB to fight COVID. The allegation is along the lines of "how dare the govt take a loan from the 'Chinese-controlled' bank and is it a payoff for the land China has tried to capture"? Let's examine this:
2. India is the second-largest shareholder in #AIIB, with a paid-in capital of $1.67 billion in the bank. It's not quite clear why people would object to India taking a loan from a bank it has such a substantial stake in.
