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| Economic activity picks up across India as mobility levels rise | Economic activity picks up across India as mobility levels rise |
| (about 2 months later) | |
| India's economy picked up pace in June after a sharp decline in May due to the pandemic-induced lockdowns. Mobility levels rose by 24% nationwide after plunging to a 12-month low in May. | India's economy picked up pace in June after a sharp decline in May due to the pandemic-induced lockdowns. Mobility levels rose by 24% nationwide after plunging to a 12-month low in May. |
| Two major state economies, Uttar Pradesh and Gujarat, were the fastest to recover after being hit with a new wave of the pandemic in April. Both saw a drop in Covid-19 cases since then and somewhat relaxed lockdown restrictions, which prompted a quick recovery in mobility and economic activity. | Two major state economies, Uttar Pradesh and Gujarat, were the fastest to recover after being hit with a new wave of the pandemic in April. Both saw a drop in Covid-19 cases since then and somewhat relaxed lockdown restrictions, which prompted a quick recovery in mobility and economic activity. |
| The improved vaccination rate also added momentum to the effort, Mint reports. However, vaccination rates differ from state to state, with heavily-populated Bihar and Uttar Pradesh falling far behind other regions. | The improved vaccination rate also added momentum to the effort, Mint reports. However, vaccination rates differ from state to state, with heavily-populated Bihar and Uttar Pradesh falling far behind other regions. |
| Nationwide car sales more than doubled after dropping last month, with some 1.2 million registrations in June compared to only half a million in May. These figures were still 15% lower than the same period in 2019, however. Small- and medium-sized states had a better showing than large states on this indicator. | Nationwide car sales more than doubled after dropping last month, with some 1.2 million registrations in June compared to only half a million in May. These figures were still 15% lower than the same period in 2019, however. Small- and medium-sized states had a better showing than large states on this indicator. |
| With lockdown restrictions eased across the country, mobility levels that had dropped to about half of pre-pandemic levels in mid-May soared to 81% of normal levels by the end of June. Uttar Pradesh and Madhya Pradesh showed the highest public mobility levels – 94% and 88% respectively. Furthermore, according to Google data, a number of districts in northern and central India have been showing greater public mobility than before the coronavirus outbreak. Those are Bihar, Himachal Pradesh, Chhattisgarh and Uttarakhand. | With lockdown restrictions eased across the country, mobility levels that had dropped to about half of pre-pandemic levels in mid-May soared to 81% of normal levels by the end of June. Uttar Pradesh and Madhya Pradesh showed the highest public mobility levels – 94% and 88% respectively. Furthermore, according to Google data, a number of districts in northern and central India have been showing greater public mobility than before the coronavirus outbreak. Those are Bihar, Himachal Pradesh, Chhattisgarh and Uttarakhand. |
| Overall, unlike last year, when larger states performed poorly against smaller ones amid the pandemic crisis, this year India’s six largest state economies – Maharashtra, Tamil Nadu, Uttar Pradesh, Gujarat, Karnataka and West Bengal – performed in line with the rest. These states account for more than half of India’s economic output. | Overall, unlike last year, when larger states performed poorly against smaller ones amid the pandemic crisis, this year India’s six largest state economies – Maharashtra, Tamil Nadu, Uttar Pradesh, Gujarat, Karnataka and West Bengal – performed in line with the rest. These states account for more than half of India’s economic output. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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