GDP expands at 7.1% in FY17, but slows to 6.1% in Q4 as demonetisation bites

GDP expands at 7.1% in FY17, but slows to 6.1% in Q4 as demonetisation bites

GDP expands at 7.1% in FY17, but slows to 6.1% in Q4 as demonetisation bites

The Indian economy grew 7.1% in 2016-17, the government said on Wednesday in new estimates, identical to the expected expansion in February but slower than the 8% growth of the previous year.

A growth of 6.1 percent in January-March, however, revealed that the economy continues to suffer from shock demonetization which resulted in a sharp decline in high-value bills and limited access to spend cash and to Business investment.

Private final consumption expenditure (CCTB), a measure to measure household expenditure, fell by 58.7% of GDP (at current prices), from January to March 2017, from 61.6% of the quarter And 59.1% in the fourth quarter of 2015-16.

Gross Fixed Capital Formation (GFCF), a guide to measuring investment activity, also declined to 25.5% of GDP (at current prices) from January to March 2017, down from 27% in the previous quarter and 28 5% in the fourth quarter of the previous year.

Head of Statistics TCA Anant India, however, warned against over-reading the impact of the demonetization of GDP data.

“The impact of policies such as the demonetization of GDP data can be described as post-hoc analysis,” Anant said. “The evaluation of the impact of the policy is a complex analysis of econometrics. This is not a simple argument before and after.”

The new gross domestic product (GDP) calculates the factors in plant data and inflation in wholesale prices (MPI), which have lower prices and stronger manufacturing activity compared to Previous estimates.

Earlier this month, the government issued a new set of industrial production index (IIP) and the IPM that changed the base year from 2011 to 2012, from 2004 to 2005. It also added new product categories and changed its weight to bring the Two indices of current consumption trends.

According to the released GDP data Wednesday, using consolidated IIP, gross value added (GVA) in manufacturing increased by 7.9 percent in 2016-17, up from 7.7 percent in the old series, but Slower than the 10.8 percent from the previous year.

IPM inflation is used to achieve real growth series from the nominal data. The new IPM series is still lower than the old series, which shows small deflation index values. According to the new series, WPI increased by 1.7% in 2016-17 compared to 3.7% in the previous series.

GVA VS GDP

The Central Bureau of Statistics (CSO) said the slower growth for GVA – 6.6 percent in 2016-17 – suggesting that the expansion is slower than what GDP prime numbers suggest.

GVA, which is GDP minus tax, serves as a more realistic proxy for measuring changes in the total value of goods and services produced in the economy.

In the second preliminary estimates published in February, the CSO had estimated that GVA growth, which is GDP minus net taxes, will slow to 6.7% in 2016-17. Wednesday, preliminary estimates have shown that GVA increased by 6.6% in 2016-17, or 1.3 percentage points slower than the 7.9% of the previous year.

The effect of the return of the currency in November 2016 and the resulting slowdown in consumption and investment could be hidden in the estimates of slower growth in GVA and GDP.

Higher indirect tax revenues in 2016-17 may also partly explain GDP growth forecast The Indian economy grew 7.1% in 2016-17, the government said on Wednesday in new estimates, similar to the expected expansion in February but slower than The 8% growth of the previous year.

A growth of 6.1 percent in January-March, however, revealed that the economy continues to suffer from shock demonetization which resulted in a sharp decline in high-value bills and limited access to cash and business investment.

Private final consumption expenditure (CCTB), a measure to measure household expenditure, fell by 58.7% of GDP (at current prices), from January to March 2017, from 61.6% of the quarter and 59.1% in the fourth quarter of 2015-16 .

Gross Fixed Capital Formation (GFCF), a guide to measuring investment activity, also declined to 25.5% of GDP (at current prices) from January to March 2017, down from 27% in the previous quarter and 28 5% in the fourth quarter of The previous year.

Head of Statistics TCA Anant India, however, warned against over-reading the impact of the demonetization of GDP data.

“The impact of policies such as the demonetization of GDP can be described as post-hoc analysis,” Anant said. “The evaluation of the impact of the policy is a complex analysis of econometrics. This is not a simple argument before and after.”

The new gross domestic product (GDP) calculates the factors in plant data and inflation in wholesale

A complete comment inversion table reviews `

A complete comment inversion table reviews `

Some of the benefits of Inversion therapy are not immediately apparent. For example, did you know that Inversion can help both before and after high-impact training? You can, and here’s how:

inversion can help before and after high-impact workouts

Before Your Impact Training – In this case, what you want to do is increase the shock absorption capacity of your body’s soft tissues. You do this by increasing the amount of moisture that surrounds your connecting tissue, your joints and between the vertebrae of your spine. To increase moisture, use reverse therapy, which will help your lymphatic system and help you work longer, harder, more efficiently and with less risk of injury.
After your high impact training – You should consider investing therapy immediately after a high impact workout. Again, the main reason it improves the circulation of your lymphatic system, which helps your body to rebuild the muscle fiber that was destroyed during your workout.
Many Inversion tables on the market today “block” in full Inversion, meaning that you will be able to use these tables to perform a variety of exercises, which will help you strengthen your core muscles.

Even if you are not a gym rat, you can still see the general benefits of Inversion therapy and the regular use of an Inversion chart. This is especially true for people with chronic back pain. Due to the very nature of reversal therapy and the way it moves your body, it helps to lengthen the spine, but it also helps restore the vertebrae to their default positions. That is to say to return to the positions in which they were originally conceived.

This is enormous because back pain is caused by pinched nerves. They are pinched when the vertebrae are not aligned. You may not have noticed this, but you only need a little pressure on a nerve to cause pain. On the same pressure as the weight of a piece resting on his hand, in fact. If this amount of pressure is applied directly to one ever, the pain will result. As you can imagine, the bone, inflexible, will exert more pressure than that, so if your vertebrae are misaligned, you put enormous pressure on your nerve endings, which send you signals that tell you that Something is very evil It is the pain you feel.

 

When using a reversing table, gently change the vertebrae back into position, pressure the nerves, so that you feel a sudden uplift of relief. On top of that, as above, when we talk about the benefits before and after a high-impact workout, the Inversion helps improve the circulation of your lymphatic system, which has many benefits for your body, Including the fact that it helps to rehydrate the disks in the spine, but even this is just the beginning. The rollover act can relieve strained muscle stress, improve joint health and increase flexibility.

Some people might think that because they have mobility problems they may not be able to use an Inversion chart effectively. The reality is that manufacturers have already thought about this. In addition to the tables, many manufacturers offer Inversion chairs. These offer greater security and ease of use for those with limited mobility.

What is the best Inversion table?

Every Inversion table on the market today is made in China. This does not necessarily mean that the table is of poor quality. Chinese manufacturing is constantly improving, and many tables are fairly robust and high quality.

The industry is dominated by some major brands, and they all offer a variety of models to choose from. These models range from very basic tables in the $ 100 area to very advanced tables that cost a few thousand dollars. On average, a decent Inversion chart will cost you about $ 200.

The most recognized brand is Teeter Hang Ups, but they also tend to be the most expensive Inversion tables. They make an excellent range of products with useful innovations that make using an Inversion chart easier and more secure, but you will pay a premium for the Teeter name.

Not far away, Teeter is the IronMan brand. It is also known, and for years, the IronMan Gravity Investment Chart is one of the most popular on the market. Their models offer many features that have been well received by their customers. The IronMan IFT 1000 and 4000 have IFR buffers to provide users with a gentle soft relaxation of their back muscles and some other IronMan models are equipped with braking that many customers love.

At the lower end of the scale, Body Flex Sport Inc. introduced a cheap but comfortable chart in the form of Body Body IT8070, which quickly attracted the attention of the mass market. Probably the cheapest Inversion tables are Emer and Innova. Their products and prices often fall below the $ 100 threshold.

Ahead Of Donald Trump Decision, China Says It Will Stick To Paris Climate Deal

Ahead Of Donald Trump Decision, China Says It Will Stick To Paris Climate Deal

Ahead Of Donald Trump Decision, China Says It Will Stick To Paris Climate Deal

BEIJING (Reuters) – China said on Thursday it would fit into the Paris climate deal as the expected announcement by US President Donald Trump on the question of whether to keep the United States in the Global Compact fighting climate change .

During his presidential campaign in 2016, Trump has denounced the agreement and it is called global warming a hoax to weaken American industry. A source close to the affair said that Trump was about to leave the agreement.

A withdrawal from the United States could deepen a distancing with the allies. The United States would join Syria and Nicaragua as the only nonparticipants participating in the world in the historic agreement of 195 countries agreed in Paris in 2015.

Chinese Foreign Ministry spokesman Hua Chunying said the agreement was not easily reached and represented the broad consensus of the international community.

“Climate change is a global challenge. Without a county you can not put yourself out of it,” he told a daily news conference.

Whatever other countries change their positions in China would follow the green concept of sustainable development, strengthen measures to address climate change and conscientiously follow the Paris agreement, said M. Hua.

“Meanwhile, we will continue to be decidedly protective and promoter of the global processes of the climate system, actively participating in the process of multilateral climate change,” Hua said.

“We are willing to work with all parties to protect the entire Paris adjustment process, promoting the rules and regulations of the current agreement in the follow-up of the talks and effectively disseminate, and promote global, low carbon and sustainable ecological development “.

When asked if China had spoken to the administration of the triumph of the Paris agreement, she said: “China and the United States have close communication on a variety of issues, and of course, this includes the issue of climate change.”
Climate change has been widely seen as one of the few highlights of cooperation between Beijing and the former Obama administration in Washington.

China and the European Union are due to issue a statement at a high-level meeting in Brussels to commit to implementing the climate deal in order to strengthen the pact because Trump seems to give up.

China surpassed the US As the world’s largest emitter of greenhouse gases in 2007. But a US withdrawal from the deal would give China more opportunities to shine its image as a world leader.

China has led previous attempts by foreign governments to limit carbon emissions, saying that it should be possible to create the same spatial development and pollution as industrialized countries.

But with its capital often drowned by smog and its people angry against the degradation of the environment that rapid development ran across the country, Beijing has become a staunch supporter of efforts to stop global warming.

'I was punched, kicked by AAP members': Kapil Mishra after being marshaled out of Delhi Assembly

‘I was punched, kicked by AAP members’: Kapil Mishra after being marshaled out of Delhi Assembly

‘I was punched, kicked by AAP members’: Kapil Mishra after being marshaled out of Delhi Assembly

NEW DELHI: Chaos reigned in Delhi’s Legislative Assembly while AAP lawmakers allegedly assaulted rebel group member Kapil Mishra and clashed with members of the opposition Wednesday.
The assembly, which met to discuss the bill on the tax on goods and services (GST) was disrupted when a group of lawmakers AAP attacked collectively Mishra after lifting a bill with allegations of corruption against the head of the AAP , Arvind Kejriwal. One of them even tried to strangle her. Members of the opposition parties intervened to save Mishra, resulting in a fight between the two groups.
Moments after the drama in the Chamber, Kapil Mishra was created in the leadership of President Ram Niwas Goel. Once out, Mishra said he had been attacked by members of the AAP who were infuriated in their campaign against Delhi Minister Arvind Kejriwal and other party leaders.

“I did not get a chance to speak in the Chamber, so I asked for a special session at Ramlila Maidan. Suddenly, they (the AAP legislators) rushed … I was pushed, and I hit some of them gave me a kick “Kejriwal was laughing inside the Assembly … I was beaten in instructions (Deputy Minister) Manish Sisodia,” he claimed.
This is not the first time that the dismissed minister was at the end of the violence. Earlier this month, he was attacked by an alleged “defense of the AAP” at his residence during a hunger strike.

What is Gate Exam and How to Give that Exam

What is Gate Exam and How to Give that Exam

The Certified Graduate Engineering Test (GATE) is an entry test conducted in India by IISc seven IIT, each year in January / February. GATE partition / range is used for admission to graduate programs (ME, M.Tech, MS, PhD direct) in IISc, IIT and other prestigious institutes / universities in India, with financial assistance provided by MHRD.

The GATE score can also be used by PSU to recruit candidates for prestigious jobs with attractive pay packages. Part of the power supply using GATE pointing to provide jobs include BARC, BHEL, IOCL, HPCL, NTPC, Power Grid, NHPC, etc.

GATE exam mainly tests the overall understanding of the candidate in various undergraduate engineering disciplines. The GATE score reflects the relative performance level in a particular industry. The GATE score is valid for three years.

Paper Pattern question:

All GATE documents will be performed by an online computer test (TCC). Document GATE consists of multiple questions of choice type and numeric response type. For any numerical answer question, candidates must enter a number in response using a virtual keyboard. The GATE test consists of a single document containing 3 hours 65 questions with a maximum of 100 points.

GATE 2018: Overview

1 September 2017 (Friday): GATE System Online Processing (GOAPS) for the opening of registrations
Last date for submission of the online application via the website: 5 October 2017 (Thursday)
Last day to ask for change in the choice of city review by GOAPS connection November 17, 2017 (Friday)
Admit interface card for online application availability for printing: January 5, 2018 (Friday)
GATE 2018 Online Test Dates: from 03 to 04 February and 10 and 11 February 2018 (Saturday and Sunday)
The benefit of the online application site 17 March, 2018 (Saturday)

Kudankulam nuclear plant top of agenda at Modi-Putin meet: All you need to know about KKNPP

Kudankulam nuclear plant top of agenda at Modi-Putin meet: All you need to know about KKNPP

Kudankulam nuclear plant top of agenda at Modi-Putin meet: All you need to know about KKNPP

Prime Minister Narendra Modi is visiting Russia and arrived in St Petersburg Thursday morning. It is expected to meet soon with Russian President Vladimir Poutine and the Kudankulam nuclear power plant (KKNPP) located in Tamil Nadu is one of the most important issues that the two leaders are expected to discuss about them. The plant has two units on hold and must be carried out in cooperation with a Russian company. The two countries are likely to sign 12 agreements and the Kudankulam agreement is established, will be the highlight of the trip for PM Modi in Russia. Here is everything you need to know about the KKNPP Agreement and the Prime Minister’s visit:
1. KKNPP was the result of an intergovernmental agreement between India and the former Soviet Union in 1988. During the same period, two other similar proposals were rejected, while the protest was blocking the government’s plans to build Peringome plants near Kannur And Ernakulam Bhoothathankettu, the two districts of Kerala.
2. KKNPP has encountered obstacles as the protests prevented the government from moving forward with the project. At the dawn of the Kudankulam demonstrations six years ago, 182 people were arrested, many accused of sedition. In total, 8000 cases were recorded. But little by little, the government managed to carry out the project. Over the years, four reactor units were built and operationalized. However, the plant has not given the promised power during the warranty tests. Its generation was only about 52 percent.
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3. The last two reactor units will be constructed and installed jointly by Nuclear Power Corporation of India Ltd and Atomstroyexport. The latter is a subsidiary of the Rosatom regulatory body of the Russian nuclear complex. Each unit will have a power generation capacity of 1,000 MW.
4. PM Modi and Putin reached an agreement in 2015. According to the agreement, the agreement to build the 5 unit and 6 nuclear reactors unit at the plant was to be signed in 2016. The agreement had an obstacle with respect to the line Was to be extended by Russia.
5. The visit will try to seal the agreement so that the plant can be fully operational soon. The success of the agreement will also increase bilateral trade. Bilateral trade between India and Russia amounted to $ 7.8 billion to date. The number has dropped significantly compared to 10 billion in 2014. The two countries plan to increase to at least $ 30 billion over the next five years.
6. India has set up a “Doing in India” pavilion at the St. Petersburg Economic Forum and nearly 60 leading Indian companies should be part of the summit. The Indian delegation also held round tables and economic and economic breakfast between India and Eurasia. The 12 bilateral agreements signed between countries in relation to trade, science, technology, railways, cultural exchanges, civil nuclear cooperation.
The first stop will be the PM Modi Memorial Cemetery Piskariovskoye. It commemorates the 5 lakh Russian soldiers who died during World War II in Leningrad. The then prime minister will be received by Putin as Konstantin Palace, official residence of the Russian president. The summit will be followed by a state dinner hosted by Putin for PM Modi. PM Modi will also be present at the St. Petersburg Economic Forum as a man of honor. This will be the first time that Modi PM will be present in the business-with-politics forum.

BJP shows flexibility over beef ban, says states are free to decide on slaughter of cows

BJP shows flexibility over beef ban, says states are free to decide on slaughter of cows

BJP shows flexibility over beef ban, says states are free to decide on slaughter of cows

Being in the middle of a storm at the center of the ban on the sale of cattle for the massacre, the BJP in power has shown some flexibility. Assuming that most of the BJP leaders in Meghalaya eat beef, the party has also said that it is up to state governments to decide to ban the slaughter of cows.
Speaking to India today on the recent government notification Narendra Modi prohibits the sale of cattle for the massacre, the BJP’s national voice in charge of Meghalaya Nalin Kohli said: “The BJP clearly stated that the issue having a law in a State in the slaughter of cows is to be decided by the state and not by the Center. ”
Of the BJP’s position in states such as Northeastern and Southern states, where the majority of the population consumes beef, Kohli said: “Any state government decides to have a law or does not have a law on the slaughter of cows, Account the local food habits of this particular state and in the Northeast, each state government will take into account. ”
Kohli’s statement makes it clear that the BJP is open to states that are governed by what beef consumption and do not interfere with local eating habits. There is speculation that BJP governments are banning meat in the north-eastern and southern states, where consumption is considered normal.
Taking a flexible position, on the ban on beef, BJP avoided rebellion in their ranks. He also lost his shame because many BJP leaders in the Northeast and the South consume beef.
BJP leaders in Meghalaya, including their head of state unity Shibun Lyngdoh, have already taken the position that if the party comes to power in the 2018 Assembly elections, it does not prohibit beef consumption. Another leader, Bernard Marak, president of the Tura town unit in the hills of Garo BJP became the promise that meat prices would be cheaper if the party won the state elections.
In May 2015, the Minister of State of the Union of Origin Kiren Rijiju said that he eats beef and no one could prevent him from doing so. He was responding to the comments of the Minister of Minorities Affairs of the Union and those who wanted to eat beef could go to Pakistan.
Later Rijiju said that he had been “misunderstood”. However, he always maintained that India was a secular country and that eating habits can not be stopped. He said that just as Hindu faith and feelings must be respected in Hindu majority states, those of other communities are respected in their own dominant states.
Assuming a problem in order to expand the base of other states, BJP has clearly established its position regarding the meat embargo. The party and Prime Minister Narendra Modi has focused on the Northeast, West Bengal and Kerala. Meat consumption is considered normal in all these states. Any attempt to curb the risk of encountering strong resistance.