With new infections dipping sharply over the last few months and a nationwide vaccine roll-out put in place this month, consumer confidence and demand look set to grow further. The recovery might get a boost from fresh stimulus in the upcoming budget.
What Does the Path for Indiaâs Post-Pandemic Economy Look Like?
The bureaucratic tinkering with revenues and expenditures in the weeks ahead will be of little consequence. A larger perspective must be taken.
A vendor rests in the deserted Dadar wholesale flower market during the nationwide strike, called by agitating farmers to press for repeal of the Centres agri-laws, in Mumbai, Tuesday, December 8, 2020. Photo: PTI/Kunal Patil
Economy16/Jan/2021
The world is starting to see the light at the end of the tunnel. COVID-19 vaccines are on the way and, hopefully, they will help stop the pandemic.Â
However, Indiaâs economy has taken a massive hit. Official estimates indicate a sharp contraction in Indiaâs economic activity in 2020. A return to positive growth is expected this year. However, if experience from previous shocks is any indication, there will be lasting damage. We are in the middle of a once-in-a-lifetime disruption to all facets of life â social,
Cities key to India s post-COVID growth: World Economic Forum study
It said that about 25 million households in India - 35 per cent of all urban households - cannot afford housing at market prices and it is time to create a new urban paradigm.
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NEW DELHI: Cities have borne the maximum brunt of the COVID-19 outbreak but they will also be key to India s post-pandemic growth as they account for nearly 70 per cent of the country s GDP and an average of 25-30 people migrate to cities from rural areas every single minute, a new study has shown.
GDP estimates: Experts say economy to perform better than earlier projections
The first Advance Estimates (AE) by the National Statistics Office (NSO) has projected a contraction of 7.7 percent in the real GDP during 2020-21.
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India s GDP estimates for 2020-21 show that the economy is expected to perform much better than earlier projections by different agencies, indicating a sustained
V-shape post-lockdown recovery, experts said.
The first Advance Estimates (AE) by the
National Statistics Office (NSO) has projected a contraction of 7.7 percent in the real GDP during 2020-21. This was better than the projections by certain international agencies like the IMF and World Bank.