Yet again, two measures of India’s economy ‘gross value added’ and ‘gross domestic product’ have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the story was opposite in FY22, says data released Tuesday. Mint explains
Headline growth figures show that India’s economy is now close to regaining its pre-pandemic level. But this recovery has been uneven, with many small and medium enterprises yet to stabilize
India’s economic recovery remains fragile and the government has sufficient fiscal space to impart a belated stimulus. Let’s lift the lid on spending and set income multipliers in motion