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India won't get a V-shaped recovery this time - The Hindu BusinessLine


India won’t get a V-shaped recovery this time
Bloomberg
June 1 |
Updated on
June 01, 2021
×
There are several crucial differences from last year that could make it harder to bounce back
The V-shaped economic recovery that India’s policy makers obsessed over in 2020 did eventually materialise. It won’t be repeated after this year’s Covid-19 carnage.
To see why, start with the fading momentum. Government statistics released Monday showed 1.6 per cent growth in gross domestic product from a year earlier in the March quarter, before a deadly second wave of infections. But this expansion, an improvement over the 0.5 per cent rate in the previous three months, is a statistical artefact. A better metric is seasonally adjusted quarter-on-quarter growth, which Capital Economics calculates at 0.7 per cent, a sharp though largely expected slowdown from 9.5 per cent in the December quarter. (The figures aren’t annualised.) ....

United States , Ananth Narayan , Sunil Kumar Sinha , Standard Chartered Plc , Research Ltd , Fitch Ratings Ltd , Federal Reserve , University Of Michigan , Capital Economics , India Ratings , Covid 19 , V Shaped , Rural Wages , Central Bank , ஒன்றுபட்டது மாநிலங்களில் , ஆனந்த் நாராயண் , சுனில் குமார் சீன்ஹா , தரநிலை பட்டய ப்ல் , ஆராய்ச்சி லிமிடெட் , ஃபிட்ச் ரேடிஂக்ஸ் லிமிடெட் , கூட்டாட்சியின் இருப்பு , பல்கலைக்கழகம் ஆஃப் மிச்சிகன் , மூலதனம் பொருளாதாரம் , இந்தியா ரேடிஂக்ஸ் , சர்வதேச பரவல் , கிராமப்புற ஊதியங்கள் ,

Deciphering The Real Priorities By Looking At How Leaders Allocate Their Time And Resources

Consciously or unconsciously, they’re making BRAVE leadership, core alignment, and resource priority choices as artistic, scientific or interpersonal leaders. ....

Core Alignment , Time Management , கோர் சீரமைப்பு , நேரம் மேலாண்மை ,

IT contractors dwarf internal staff at biggest Govt agencies


Three of the four biggest federal government agencies had an external IT workforce that was larger than their internal one last financial year, with almost 7500 IT contractors split between the trio.
The Digital Transformation Agency revealed the size of the internal and external IT workforces in answers to questions on notice [pdf] from a parliamentary probe into the Australian Public Service (APS).
It represents one of the most comprehensive snapshots of IT contracting in the federal government to date, with more than 77 agencies baring the size and shape of their IT workforces.
The data, which relates to the “average ICT staffing levels” for agencies in the 2019–20 financial year, was collected by the DTA in October 2020. ....

Public Sector Union , Fund Management Agency , National Blood Authority , Digital Transformation Agency , Services Australia , Australian Taxation Office , Australian Public Service , Department Of Health , Department Of Defence , Department Of Home Affairs , Home Affairs , Prime Minister , Future Fund Management Agency , National Blood , Federal Government , பொது துறை தொழிற்சங்கம் , தேசிய இரத்தம் அதிகாரம் , சேவைகள் ஆஸ்திரேலியா , ஆஸ்திரேலிய வரிவிதிப்பு அலுவலகம் , ஆஸ்திரேலிய பொது சேவை , துறை ஆஃப் ஆரோக்கியம் , துறை ஆஃப் பாதுகாப்பு , துறை ஆஃப் வீடு வாழ்க்கைத்தொழில்கள் , வீடு வாழ்க்கைத்தொழில்கள் , ப்ரைம் அமைச்சர் , தேசிய இரத்தம் ,