Vaccination in India needs to go into overdrive to help economy: Manish Sabharwal, Teamlease
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Last Updated: May 20, 2021, 12:46 PM IST
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Synopsis If we get to 40-50% vaccination, the economic scarring or what economists call hysteresis will not show up. But if this vaccination does not get into overdrive, we have to be a little careful.
I am hoping that in the next three to six months, the vaccination can get fully into overdrive and then you will not have domestic consumption and demand holding up the economy. The world is back, but India’s consumption has held us up, said
Hirings happening at the bottom of the pyramid, says Manish Sabharwal of Teamlease
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Last Updated: May 20, 2021, 12:46 PM IST
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Synopsis We are seeing a comeback at the bottom of the pyramid hiring. Logistics, sales and customer service are the three pillars that have held up the Indian economy in the last few years and the hiring here has been accelerated by Covid.
I am hoping that in the next three to six months, the vaccination can get fully into overdrive and then you will not have domestic consumption and demand holding up the economy. The world is back, but India’s consumption has held us up, said