Sunday, June 2, 2013

Our Rate of Growth of Power-Consumption Coincides with Our Growth-Rate...


Article;

Growth Calls for Proactive Policy GDP Numbers Challenge the Government

Comment;

In the last three decades our rate of growth of power consumption has coincided with our growth rate. Both are around 6%. The growth-rate of power consumption is an important indicator of our growth rate- the rate with which the economy is growing. To cut short, the rate of growth of power consumption rightly reflects the rate with which the economy is growing because it is the speed with which we are producing goods and services using power. Therefore if we really want to know our actual growth rate we should refer to our rate of growth of power consumption. It is an important index if we want to know about the growth rate of our economy…

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