Monday, 8 April 2019

Have Acche Din Arrived? The Acche Din Economic Report Card

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A Detailed Economic Analysis of the Modi Sarkar
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Why This Report Card
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Contents
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Industrial Productivity and Output
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Industrial Output Growth for Different Regimes
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Industrial Output Growth for Different Regimes
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Gross Fixed Capital Formation
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GFCF for Different Regimes
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Index of Industrial Production
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Growth in IIP for Manufacturing for Different Regimes
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Growth in IIP for Manufacturing for Different Regimes
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Consumption of Finished Steel
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Growth Rate of Steel Consumption for Different Regimes
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Growth Rate of Steel Consumption for Different Regimes
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Container Port Traffic
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Container Port Traffic Growth for Different Regimes
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Container Port Traffic Growth for Different Regimes
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Railway Freight Tonnage
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Growth in Railway Freight Tonnage for Different Regimes
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Growth in Railway Freight Tonnage for Different Regimes
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Summary: Industrial Productivity and Output
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Agricultural Output
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Annual Growth in Rice Production for Different Regimes
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Annual Growth in Rice Production for Different Regimes
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Annual Growth in Wheat Production for Different Regimes
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Annual Growth in Wheat Production for Different Regimes
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Annual Growth in Total Foodgrain Production for Various Regimes
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Annual Growth in Total Foodgrain Production for Various Regimes
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Growth in Foodgrain Yield for Different Regimes
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Growth in Foodgrain Yield for Different Regimes
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Summary: Agricultural Output Performance
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Infrastructure Development
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Growth in Production of Coal and Lignite
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Growth in Production of Coal and Lignite
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Growth in Thermal and Renewable Power Generation
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Growth in Thermal and Renewable Power Generation
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Growth in Hydroelectric Power Generation
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Growth in Hydroelectric Power Generation
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Growth in Nuclear Power Generation
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Growth in Nuclear Power Generation
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Growth in Total Power Generation
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Growth in Total Power Generation
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Rural and Urban Electrification
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Growth in Rural Electrification
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Growth in Rural Electrification
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Growth in Urban Electrification
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Growth in Urban Electrification
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Growth in Overall Electrification
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Growth in Overall Electrification
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Average Road Km Built Per Day
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Average Road Km Built Per Day
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Growth in Railway Track Length
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Growth in Railway Track Length
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Growth in Passenger Traffic
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Growth in Passenger Traffic
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Summary: Infrastructure Development Comparison
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Education, Science, and Technology
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Growth in Education Funding
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Growth in Education Funding
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Growth in Number of Scientific and Technical Articles
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Growth in Number of Scientific and Technical Articles
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Growth in Number of Patent Applications
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Growth in Number of Patent Applications
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Growth in Hi-Tech Exports
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Growth in Hi-Tech Exports
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Summary: Education, Science, and Technology
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Government Expenditure, Revenues, and Fiscal Discipline
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Gross Fiscal Deficit
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Total Expenditure
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Total Revenues
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Components of Expenditure
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Capital Expenditure
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Revenue Expenditure
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Components of Revenue Expenditure
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Defence Revenue Expenditure
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Expenditure on Subsidies
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Revenue Expenditure Analysis
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Capital Expenditure
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Capital Outlay
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Defence Capital Expenditure
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Components of Revenue
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Direct Tax Collection
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Personal Income Tax Collection
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Corporate Tax Collection
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Indirect Tax Collection
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Summary: Government Expenditures and Revenues
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Foreign Trade
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Annual Foreign Exchange Addition
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Balance of Payments
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Constituents of Balance of Payments
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Constituents of Balance of Payments
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Current Account Deficit
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Capital Account Surplus
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What Happened During UPA II?
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Foreign Direct Investment
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Foreign Portfolio Investment
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Total Foreign Investment
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Trade Deficit
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Invisibles
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Why is the Trade Deficit Lower for the Modi Sarkar?
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Exports
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Oil Imports
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Non-Oil Imports
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Summary of Foreign Trade
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Effect of Oil Prices on UPA I and UPA II
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CAD with Oil Import Costs as in Modi Sarkar
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BoP with Oil Import Costs as in Modi Sarkar
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Foreign Exchange Additions at Modi Sarkar Oil Prices
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Inflation and Unemployment (1/3)
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Inflation Rate for Agricultural Workers
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Inflation Rate for Industrial Workers
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Food Inflation Rate for Industrial Workers
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Inflation and Unemployment (2/3)
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Inflation and Unemployment (3/3)
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Overall Summary and Conclusions (1/3)
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Overall Summary and Conclusions (2/3)
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Overall Summary and Conclusions (3/3)
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External Factors
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Performance of UPA-I Government during Global Financial Crisis of 2008
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Have Acche Din Arrived?



Disclaimer: All the opinions expressed in this article are the opinions of Dr. Seshadri Kumar alone and should not be construed to mean the opinions of any other person or organization, unless explicitly stated otherwise in the article.

2 comments:

  1. An effort in right quest, however data containing to the period under Modi is not reflecting for latest couple of years, giving an impression that either it has been ignored or not available; Thus in both scenarios, the conclusions are false and unreasonable .

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    Replies
    1. Whatever data has been provided by the government has been used. Nothing has been ignored. In most cases there is data upto 2018, which is the last annual data possible. That's four years of data on Modi. Good enough for an evaluation.

      In some cases, the government has not released data for the last two years. This is clearly mentioned on the graphs. You need to ask the government why it is not releasing the data for the last two years? Is it ashamed of its record? Like it does not want to acknowledge that unemployment is very high and does not want to release its own NSSO report that says unemployment is at its highest in 45 years?

      The conclusions are very reasonable and true. Don't shoot the messenger because you don't like the truth.

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