Indian Economy

[crazywithmath]

expand on this, especially electricity.

As far as electricity consumption is concerned,

April-July -> Robust growth. Sometimes, 10%+
August-October -> Flat growth. Consumption actually declined in August.

But we did 20%+ in October, 2023 so the consumption numbers in the past few months are being offset by a very very high base.

 

[ezsasa]

As far as electricity consumption is concerned,

April-July -> Robust growth. Sometimes, 10%+
August-October -> Flat growth. Consumption actually declined in August.

But we did 20%+ in October, 2023 so the consumption numbers in the past few months are being offset by a very very high base.

and from a macro picture per annum, we can also factor in work that is being done to upgrade and build new transmission lines(new 10-15k ckm per annum ), which have an impact on transmission losses. last i checked, transmission losses have dropped considerably, should add efficiency between generation and consumption. some amount of transmission loss is always going to be there.

and the other factor, which i was pleasantly surprised the other day is that there is 14 gw roof top solar installed capacity, growing at 1-3 gw per annum. will have to check if these numbers are being counted in total generation numbers, if not it would end up looking like a slight dip in overall consumption numbers.

basically the focus on efficiency which started with that LED bulb project in modi first term, is still ongoing. which is a good thing.

 

[angryindian]

View: https://x.com/afristats_polls/status/1850976798110335471

How does pakistan even appear on this list???????

Pakistan is an upcoming superpower that will land on the moon.


View: https://www.youtube.com/watch?v=WmNn4oQdum4

 

[FalconSlayers]

As far as electricity consumption is concerned,

April-July -> Robust growth. Sometimes, 10%+
August-October -> Flat growth. Consumption actually declined in August.

But we did 20%+ in October, 2023 so the consumption numbers in the past few months are being offset by a very very high base.

Yes, but growth has been subdued (declined) for past few months. October is still understandable.



This is the actual reason for economic slowdown, gormint has reached less than 30% of fiscal deficit target in H1 of FY2024-25. Which means at best they'll hit 60% when the fiscal year ends. In short, they've spent around 40% less than what they should've had. And that reduction in government spending has slowed down economy.