Recovery tracker: Power generation, consumption lower than before

Decline also seen in vehicle registrations, railway freight growth

There is ambiguity and discomfort on electricity being kept outside the purview of GST
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The power producers generated 4,302 million units (MUs) of electricity per day on average in the latest week

Sachin P MampattaKrishna Kant Mumbai
High-frequency indicators of economic activity slowed in the latest week.

Electricity consumption in the country dipped, showed the latest week’s data, but the gap over 2019 levels increased as the decline was even bigger in the corresponding week in 2019. The power producers generated 4,302 million units (MUs) of electricity per day on average in the latest week. It was 4,310 MUs per day in the previous week. In comparison, power generation was 3,641 MUs per day during the corresponding week in 2019 (see chart 4).

Vehicle registrations declined to below 300,000 for the latest week. There were 296,000 vehicle

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First Published: Sep 26 2022 | 5:17 PM IST

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