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With past trends, aggressive recovery in the economy is of prime concern post any calamity. The impact and the shape of recovery may vary, depending on the initiatives taken by the governments.
With the out-burst of COVID-19, many experts have noted that even with limited resources and poor health infrastructure, India has fought back this menace effectively. What we are experiencing today is new hope and vigor, backed-by coordinated actions of various governments and regulating authorities.
According to the economic survey, it clearly indicates that we are moving towards a V-shaped recovery. Budget presentation has also given the required booster for the same. It is continuously observed that the economy is now bouncing-back forcefully.