On the economic front, Indiaâs glass is half-full despite challenges, writes Kiran Nanda
The emergence of the second Covid wave and localised lockdowns could, however, pose risks to our growth
Against the backdrop of a likely global economic recovery due to US President Joe Bidenâs $3-$4tn infrastructure spending package, growing investor appetite for riskier assets and Indiaâs quick turnaround from the impact of the pandemic, the Indian economy has embarked on the path of gradual rebound.
Real GDP growth returned to positive territory in the fourth quarter of 2020, supported by a pick-up in gross fixed capital formation. The World Bank has scaled up its projection for Indiaâs economic growth to 10.1 per cent for FY22, quoting recovery in private consumption and investment growth. Exports have also started rising ($34bn in March). However, the emergence of the second Covid wave and localised lockdowns could pose risks to Indiaâs growth.
National
March 1, 2021
Islamabad: The Inter-University Consortium for the Promotion of Social Science (IUCPSS) is celebrating its 9th anniversary with a series of talks by experts in higher education. The inaugural talk in this series was done by Prof. Dr. S. Sohail H. Naqvi, Vice Chancellor University of Central Asia.
His talk focused on the ‘Higher Education during and post COVID-19 – Opportunities and Challenges for Pakistan.’ This talk would assist in identifying future avenues for the upcoming education policy in the country. Professor Dr. Muhammad Mukhtar, Vice Chancellor of the National Skills University and Founding Chairperson of the IUCPSS, welcomed the guest. Prof. Dr. Fazal Khalid, Chairman Punjab Higher Education Commission, shed light on the numerous services of Prof. Naqvi in higher education and technological forefronts.
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