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Read more about India must not chase dream of another V-shaped recovery in Covid carnage on Business Standard. Country's current strategy for demand revival is flawed as a second wave of Covid-19 infections has been more hurtful.

Former Myntra CEO and Medlife co-founder Ananth Narayan has raised $50 million through his firm, Mensa Brands, to invest in third party businesses that sell on Amazon, Flipkart, etc. 

During the current surge in cases, there have been only local restrictions on physical activity. Thats making some analysts optimistic about the resumption of growth that will inevitably occur when the coronavirus fully recedes. Yet there are several crucial difference from last year that could make it harder for India to bounce back.

India Won’t Get a V-Shaped Recovery This Time Jun 01 2021, 6:06 PM June 01 2021, 10:53 AM June 01 2021, 6:06 PM (Bloomberg Opinion) -- The V-shaped economic recovery that India’s policy makers obsessed over in 2020 did eventually materialize. It won’t be repeated after this year’s Covid-19 carnage. (Bloomberg Opinion) -- The V-shaped economic recovery that India’s policy makers obsessed over in 2020 did eventually materialize. It won’t be repeated after this year’s Covid-19 carnage. To see why, start with the fading momentum. Government statistics release...

India won’t get a V-shaped recovery this time Bloomberg June 1 | Updated on June 01, 2021 × There are several crucial differences from last year that could make it harder to bounce back The V-shaped economic recovery that India’s policy makers obsessed over in 2020 did eventually materialise. It won’t be repeated after this year’s Covid-19 carnage. To see why, start with the fading momentum. Government statistics released Monday showed 1.6 per cent growth in gross domestic product from a year earlier in the March quarter, before a deadly second wave of infections. But this expansion...