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Services   317


                     Figure 1(a): Services PMI Index                  Figure 1(b): Rail Freight

                 60                                            140

                 50                                            120
                                                               100
                Index (50= neutral)  30   2 Covid-19          Million Tonnes   80   2 Covid-19
                 40

                                           nd
                                                                                     nd
                                                                60
                                            wave
                                                                                      wave
                 20
                 10           Lockdown 1                        40    Lockdown 1
                                                                20
                  0                                             0
                     Mar-18  Jun-18  Sep-18  Dec-18  Mar-19  Jun-19  Sep-19  Dec-19  Mar-20  Jun-20  Sep-20  Dec-20  Mar-21  Jun-21  Sep-21  Dec-21  Mar-19  Jun-19  Sep-19  Dec-19  Mar-20  Jun-20  Sep-20  Dec-20  Mar-21  Jun-21  Sep-21  Dec-21


                         Figure 1(c): Air Freight                    Figure 1(d): Cargo Traffic
                                                               130
                350
                300                                            120

                250                                            110
               Thousand Tonnes  150  Lockdown 1  2 Covid-19   Million Tonnes  100  Lockdown 1  2 Covid-19
                200
                                                                                       nd
                                       nd
                                                                90
                                                                                        wave
                                         wave
                100
                 50
                  0                                             80
                                                                70
                     May-19  Aug-19  Nov-19  Feb-20  May-20  Aug-20  Nov-20  Feb-21  May-21  Aug-21  Nov-21  May-19  Aug-19  Nov-19  Feb-20  May-20  Aug-20  Nov-20  Feb-21  May-21  Aug-21  Nov-21


               Figure 1(e):  Domestic Air Passenger Traffic       Figure 1(f): Rail Passenger Traffic

                                                              750
                240
                                                              650                   2 Covid-19
                                                                                     nd
                                       2 Covid-19                                     wave
                                        nd
                190                       wave                550
                                                              450
                140      Lockdown 1
                Lakhs                                         Lakhs  350  Lockdown 1
                 90                                           250

                                                              150
                 40
                                                               50
                -10                                            -50
                     Mar-19  May-19  Jul-19  Sep-19  Nov-19  Jan-20  Mar-20  May-20  Jul-20  Sep-20  Nov-20  Jan-21  Mar-21  May-21  Jul-21  Sep-21  Nov-21     Mar-19  May-19  Jul-19  Sep-19  Nov-19  Jan-20  Mar-20  May-20  Jul-20  Sep-20  Nov-20  Jan-21  Mar-21  May-21  Jul-21  Sep-21    Nov-21


             Source: IHS Markit Economics, Indian Railways, Airports Authority of India, Ministry of Ports, Shipping and
             Waterways.
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