There is neither a K-shaped recovery nor an overall income increase. But reduced disposable incomes of median households has led to loss of purchasing power.
S&P said a booming domestic digital market could also fuel expansion in India’s high-growth startup ecosystem during the next decade, especially in financial and consumer technology.
Indian Economy 2023: The needle on a dial measuring the so-called Animal Spirits stayed at six for a second month even as some indicators such as exports and tax collections showed signs of weakness