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GS PAPER III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.
Context: The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell to 50.8 in May, down from 55.5 in April
About PMI:
What is a PMI?
How is the PMI derived?
How does one read the PMI?
What are its implications for the economy?
What does it mean for financial markets?
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