View: How India can address issues that may dent its post-Covid growth

View: How India can address issues that may dent its post-Covid growth
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View: How India can address issues that may dent its post-Covid growthBy Bibek Debroy & Aditya Sinha,
Last Updated: Mar 13, 2021, 11:00 PM IST
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Synopsis
​​Real growth comes from four different sources — consumption, investment, government expenditure and net exports. Since there is a lot of uncertainty around the external sector, if India has to grow, it must rely primarily on consumption, investments and government expenditure.
Agencies
Despite the optimism, it is essential to address the challenges that may impact a sustained nature of growth.
The OECD has recently pegged India’s growth rate for 2021-22 at 12.6%, 4.7% higher than previous projections. Most external agencies have a very positive outlook for the Indian economy in FY 2021-22, after a significant contraction in FY 2020-21.

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