ECONOMY RECOVERING, BUT CHALLENGES AHEAD
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Special Studies are prepared by Asia News Agency in partnership with Society for Policy Studies (SPS). These are in the nature of in-depth analytical backgrounders / desk reviews on topics of current interest to its clients.
ECONOMY RECOVERING, BUT CHALLENGES AHEAD
As per the latest World Bank’s Global Economic Prospects (GEP) report, India is expected to grow at 5.4% in fiscal year 2021/22 and 5.2% in fiscal 2022/23 after an expected contraction of 9.6% in fiscal 2020/21. The study looks at signs of recovery like good GST collections in December, positive equity markets, posi-tive factory and agriculture growth etc and if these can result in a ‘V’ shaped recovery. The study also looks at the challenges ahead in areas of jobs, core sector, services. And against government optimism, there are words of caution by economists.
Situation assessment
for the week ended 11 January, 2021 (1,381 words)
Price: Rs 500/-
Date of SS: 11 January, 2021
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