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MAEC Project by https://padlet.com/Emelau/gqqky25nlcuw en-us 2018-05-15 08:04:29 UTC 2025-12-05 00:38:19 UTC hello@padlet.com Inflation in India Emelau https://padlet.com/Emelau/gqqky25nlcuw/wish/260768305 Released on 12 March 2018

- For the first time in three months, India’s inflation rate dropped below 5 percent
- Giving the central bank room to keep interest rates on hold for longer period of time providing relief to battered bond investors.

- It has been noted that India’s inflation rate dropped below 5 percent for the first time in three months.

- According to the Government data, it has shown that inflation in February was at 4.44 percent

- Which is lower than the 5.07 percent pace in January and below the 4.7 percent estimate of economists polled by Bloomberg News.

- We have identified that cost-push inflation was being mentioned in the article. Due to the increased production costs of vegetables that drives the price of global wheat.

- The central bank of India expects inflation to reach 5.1-5.6 percent in the first half of the financial year starting April 1, before easing in the second half. And the RBI targets inflation over the medium term at 4 percent with an upper limit of 6 percent and a lower threshold of 2 percent

but has a current level
of 4.55%

Cause of concern:
The inflation rate was supposed to increase but it fell instead and as the article stated that it has made it the worst market in the Asian market and this would make cause goods and services prices to drop hence causing the real GDP to drop as well

]]> 2018-05-15 09:22:29 UTC https://padlet.com/Emelau/gqqky25nlcuw/wish/260768305 India's Economy zyoshino99 https://padlet.com/Emelau/gqqky25nlcuw/wish/261119747 Released on 21 April 2018

-"Indian Economy is expected to grow at an annual rate of 7.4% in 2018 and 7.8% in 2019" this shows that India's economy is growing at a fast rate compared to other developing countries such as China.

- India plans to rebalance towards private consumption and focus more on services rather than industries. Private consumption increase due to the the structural reforms that help raised productivity and incentivize private investment. This helped increased real GDP with more output meaning the economy is growing.

- India's economy growth rate was average at 6.13% from 1951 to 2017

- India's economy growth uses resources to raise their GDP however their GDP growth can be raised with better employment of excess resources with existing technologies

- India need to undergo reform so as to increase productivity and incentivize private investment so as to attract companies to invest in their countries. This would mean more output with better physical capital meaning real GDP would increase.

-India's economy will improve with the structural reform and thus will be able to raise their real GDP in order to help further improve the economy of India. Furthermore workers are learning new technical skills in order to further develop the country and this would help the India's economy overall.]]> 2018-05-16 07:51:58 UTC https://padlet.com/Emelau/gqqky25nlcuw/wish/261119747 Comments from WANG I_M_WANG https://padlet.com/Emelau/gqqky25nlcuw/wish/264704231 Nameste Team!

Please check out my specific feedback and suggestions, for team to consider especially for REPORT:

Prelim Analysis - India's Economic growth [GDP]

Missing prelim analysis, although key points identified.

1. Yes, private consumption reported as being strong. Find out what caused this to happened. How does this impact real GDP?
2. Structural reforms, raising productivity and investments were mentioned in the article. Why is there a need for India to undergo reform? What is the importance of increasing productivity? Hint: Refer to lecture 1 on economic growth and development.

Prelim Analysis - Unemployment in India
Hmm, this piece of article identified several types of unemployment. Please re-read and spot them. Hint: "as a fresh batch of college graduates enters the workforce in May...." - What type of unemployment is this? Is the government doing anything about it? Note: for sharing of labour policies, please keep it short and concise. At least one more!

Prelim Analysis - Inflation
Missing prelim analysis too.
1. One of this, cost-push or demand pull inflation is mentioned in the article. Identify it and elaborate further.
2. Monetary policy is being mentioned in this article but we haven't cover that in lecture yet. You might want to KIV and try applying this later on.
3. What is India's targeted inflation rate? Compare this to the current level. Any cause for concern?

]]> 2018-05-31 06:43:23 UTC https://padlet.com/Emelau/gqqky25nlcuw/wish/264704231 Unemployment in India zyoshino99 https://padlet.com/Emelau/gqqky25nlcuw/wish/268600476 Released on 28 February 2018

- Estimated number of 31 million Indians deemed as unemployed

- Unemployment rate always on the high rise in India; concerning issue

- Towards the end of 2016, unemployment has receded due to government's measure on demonetization

- Labor participation rate was 46-48% back then. The Reserve Bank of India (RBI) remonetize to help bring more labour participation. However there were not enough jobs around.

- Fell down to a celebratory 3.4% of unemployment rate in July 2017 until it is on the rise again recently in Feb 2018

- Following this, an anticipation of spike in demand of jobs and unemployment rate will go up again in May when a fresh batch of college graduates enters the workforce. This is frictional unemployment which is the normal search time by workers.

- After the note ban in November 2016, workers sat out of the workforce to acquire new skills instead of searching for new jobs. This is structural unemployment where there is a mismatch of skills and workers are required to pick up new skills.

- ]]> 2018-06-26 13:04:53 UTC https://padlet.com/Emelau/gqqky25nlcuw/wish/268600476 Emelau https://padlet.com/Emelau/gqqky25nlcuw/wish/268876440 2018-06-28 14:56:26 UTC https://padlet.com/Emelau/gqqky25nlcuw/wish/268876440