Despite India s economic recovery, many households are not happy. Here s why
Despite India s economic recovery, many households are not happy. Here s why
India s growth recovery has been impressive over the last few months but consumer sentiments have remain critically weak. Be it rising fuel/gas prices or the high rate of unemployment, several factors are making citizens nervous. Here is all you need to know:
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UPDATED: March 11, 2021 18:50 IST
Consumer sentiment remains critically low despite a rise in average income levels from last year. (Photo: Reuters/Representational image)
India’s economy is gradually recovering after the Covid-19 pandemic brought the GDP growth rate to a standstill in 2020. But large sections of the country s middle- and low-income households are not happy.