The Indian Economic 
Scan-shot 

March

2022


Hello Revellers!


We hope that you had a cheerful and safe Holi, the festival of colours unique to our incredible culture.

In our latest Scan-shot we have, as usual, an interesting melee of data that gives us a lot of hope and some challenges.

The good tidings include buoyant GST collections, and massive contributions to the GDP from Agriculture and Public Administration. The Consumer Confidence score continues to climb and so does consumer spending. Is that partly because of the high inflation? Hmmm! Paradoxically, unemployment is high, and that is an area of concern. The pandemic wave in January hit the flights and traveler numbers, but we will see that rebound soon.

The GST collections continue unabated, the Net Equity inflows doubled (there was a spike, but hopefully a continuing trend), unemployment went up a bit, as did inflation. Vehicle sales continue to reel from the production challenge, but the number of vehicles on the road... So so many!

Here's looking forward to the new financial year with hope and courage. Happy scanning!


Team Insight




Economic Indices


GDP Annual Growth Rate
(%)

GDP from Agriculture
(INR bn)


GDP From Construction
(INR bn)

GDP from Manufacturing
(INR bn)


GDP from Mining
(INR bn)

GDP from Public
Administration (INR bn)


GDP from Utilities
(INR bn)

GST Collection[1]
(INR '000 Crs)


Equity Inflow[2]
(INR ‘000 Cr)

Sensex[5]



Exports[3]
(US$ bn)

Imports[4]
(US$ bn)


Consumer Confidence Index[6]


Consumer Spending
(INR Bns)


Forex Reserves[7]
(US$ bn)


Unemployment Rate[8](%)


7
7.91
6.57
8.1
Nov
Dec
Jan
Feb

Inflation Rate[9](%)


4.91
5.59
6.01
6.07
Nov
Dec
Jan
Feb


Manufacturing PMI[10]

Services PMI[11]


Construction Output Growth[12]
(%)

Manufacturing Production YoY
Growth[13](%)


Auto Production & Domestic
Sales[14] (Lakh Units)

Passenger Vehicle Sales[15]
(Lakh Units)


Domestic Flights[16] ('000)

Domestic Passengers[17] (Lakhs)





[1][2][3][4][5][6] MOSPI
[7] GST Council
[8] AMFI
[9][10] Ministry of
commerce and Industry
[11] BSC
[12][13] RBI
[14] MOSPI
[15] CMIE
[16] MOSPI
[17][18] Markit
Economics
[19] Office of the
economic adviser
[20] MOSPI
[21] SIAM
[22] FADA
[23][24] AAI