Recovery tracker: Key indicators take a dip during Diwali

Power generation, traffic congestion decline in the latest week

Weekly indicators of economic activity showed a declining trend for the latest week amid multiple holidays around Diwali.

The government Diwali holiday was on Thursday, November 4. There were also holidays on the next two days for Govardhan Puja and Bhai Duj. Power generation, freight, traffic and mobility indicators all showed a dip for the latest week.

The power generation decline was especially sharp after the end of Diwali. The weekly average generation was 9 per cent lower on a week-on-week basis and lowest during the current calendar year so far. The power utilities across the country generated 3293 million