{"id":24563,"date":"2020-07-08T06:52:46","date_gmt":"2020-07-08T06:52:46","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=24563"},"modified":"2020-07-08T06:52:48","modified_gmt":"2020-07-08T06:52:48","slug":"google-mobility-trends-indicate-indian-economy-hobbling-back-to-normalcy","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/google-mobility-trends-indicate-indian-economy-hobbling-back-to-normalcy\/","title":{"rendered":"Google mobility trends indicate Indian economy hobbling back to normalcy"},"content":{"rendered":"\n<p>According to the Google Covid-19 Community Mobility report that maps mobility trends across six location types \u2014 retail and recreation, grocery and pharmacy, transport hubs, parks, workplaces, residential areas \u2014 there has been a gradual improvement in activity levels from 1 June. India started unlocking its economy in phases beginning 8 June, allowing more economic activities to restart.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" aria-label=\"undefined (opens in a new tab)\" rel=\"noreferrer noopener nofollow\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key-Points<\/strong><\/h2>\n\n\n\n<p>The Google data set indicates that stepping out for essential services such as groceries and pharmacies have touched pre-covid-19 level.<\/p>\n\n\n\n<p>This adds heft to the finance ministry\u2019s view that \u2018green shoots\u2019 of revival have emerged with the gradual opening up of the economy.<\/p>\n\n\n\n<p>India\u2019s petroleum product consumption has sharply recovered from the lowest slump recorded since 2007, after the world\u2019s longest lockdown ended and reached 88% last month.<\/p>\n\n\n\n<p>The demand for bitumen used in road construction has gone up by 32% in June as compared to last year, as road building activity picked up.<\/p>\n\n\n\n<p>India\u2019s power and overall energy demand, which had nosedived, is slowly returning to its pre-lockdown levels.<\/p>\n\n\n\n<p>Consumption of energy especially electricity and refinery products is a good barometer of level of economic activity in a country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the Google Covid-19 Community Mobility report that maps mobility trends across six location types \u2014 retail and recreation, grocery and pharmacy, transport hubs, parks, workplaces, residential areas \u2014 there has been a gradual improvement in activity levels from 1 June. India started unlocking its economy in phases beginning 8 June, allowing more economic [&hellip;]<\/p>\n","protected":false},"author":404,"featured_media":24564,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1175],"tags":[82],"offerexpiration":[],"class_list":["post-24563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-july-2020","tag-economy-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/24563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=24563"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/24563\/revisions"}],"predecessor-version":[{"id":24565,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/24563\/revisions\/24565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/24564"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=24563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=24563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=24563"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=24563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}