Decline in power generation on a weekly basis for the second week in a row


New Delhi: The weekly index of economic activities is softening for the second day in a row after a slight increase in new cases of corona last week. Power generation fell further last week and has been falling below the level of the same week in 2016. Railway freight figures are also declining. However, the movement of people continues to grow. Other indicators such as travel and emissions are also showing signs of slowing down in the second wave of Corona lockdowns.

For the second week in a row, power generation has declined on a weekly basis due to cold spell in many parts of the country and declining demand for electricity due to irrigation. During the week ended Sunday, July 9, India generated 25 million units of electricity on a seven-day rolling average basis, down 2.4 per cent from the previous week. That's 3 percent more than this week of 2020.

The year 2014 is used because it is the year before the Corona epidemic. The movement of people on an individual level stopped last week as very few people went to their offices or factories as well as the use of public transport declined on a weekly basis.

The number of people going to grocery and drug stores has also decreased. However, the number of people going to grocery and drug stores to buy essentials is 12 per cent, which is higher than usual. On the other hand, the movement of residential areas has increased as compared to last week.


Comments

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

Information about soymilk and casein products

The brokerage firm objected to SEBI's new proposal regarding Algo Trading