India's Recovery is Gaining Steam, Says S&P's Cross-Sector Report
1 Consistently good agriculture performance, a flattening of the COVID-19 infection curve, and a pickup in government spending are all supporting the Indian economy and India is on track for an economic recovery in the fiscal year ending March 2022, says S&P Global Ratings In a report titled, 'Cross-Sector Outlook: India's Escape From COVID', the ratings agency says, "The economy still faces important risks as it transitions from stabilisation to recovery. We estimate that India faces a permanent loss of output versus its pre-pandemic path, suggesting a long-term production deficit equiv...
Source: moneylife.in
