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Tue, December 31, 2024

The year in data: how 2024 stacked up for economy, politics, climate and more


Published on 2024-12-31 06:00:41 - Mint
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  • As 2024 ends, hope is intact that the economic slowdown will be short-lived, consumption and investments will return, and improvements in statistics will lead to finer policymaking. But when the macro lens zooms in,

The article from LiveMint titled "The Year in Data: How 2024 Stacked Up for Economy, Politics, Climate, and More" provides a comprehensive overview of key events and trends across various sectors in 2024. It highlights India's economic performance, noting a GDP growth rate of 7.3% for the fiscal year, driven by robust domestic demand and significant government spending on infrastructure. Politically, the article discusses the outcomes of the 2024 Lok Sabha elections, where the Bharatiya Janata Party (BJP) secured a third term, albeit with a reduced majority, reflecting shifts in voter preferences. On the climate front, 2024 was marked by extreme weather events, with India experiencing both severe heatwaves and unexpected flooding, underscoring the urgent need for climate action. Additionally, the piece touches on technological advancements, with India's strides in digital payments and space exploration, including the successful landing of Chandrayaan-3 on the lunar south pole. The article also covers global geopolitical tensions, the impact of AI and tech layoffs, and the ongoing recovery from the global health crisis, painting a picture of a year filled with both challenges and notable achievements.

Read the Full Mint Article at:
[ https://www.livemint.com/specials/the-year-in-data-how-2024-stacked-up-for-economy-politics-climate-and-more-11735309049437.html ]
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