It’s the time of the month when high-frequency macroeconomic indicators such as GST collection data, the PMI Manufacturing index and automobile sales figures are released. Data, especially on record GST collections, point to healthy economic trends, but there are other aspects that offer food for thought.
Economy is recovering, but it’s more K-shaped
Chief Economist of Care Ratings, Rajani Sinha, highlights positive economic indicators, including high GST collections, double-digit revenue growth for companies, and a record number of domestic flights. The combination of factors such as compliance, recovery in the economy, and strong domestic demand leads to a robust GST collection.
In this episode of the State of the Economy podcast, Shishir Sinha talks to Rajani Sinha to get a deeper analysis of GST collection and inflation.
Listen in!
(Host: Shishir Sinha , Producer: Jayapriyanka J)
_______________________
About the State Of The Economy podcast
India’s economy has been hailed as the bright spot amid the general gloom that seems to have enveloped the rest of the world. But several of its sectors still stutter about even while others seem set to fire on all cylinders. To help you make sense of the bundle of contradictions that the country is, businessline brings you podcasts with experts ranging from finance and marketing to technology and start-ups.
Listen in!