As the number of Covid cases falls, weekly indicators of economic activity are looking up. Power generation is now showing double-digit gains over 2019, and there is an uptick in mobility, too.
Other indicators such as traffic and emissions are also on a recovery path, though more in some parts of the country than others. There were 4,426 million units of electricity generated in India on a seven-day rolling average basis for the week ending Sunday, July 11, as many parts of the country faced heat wave-like conditions and irrigation demand remained high due to the paddy sowing season. ...
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