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Investment recovery unlikely without consumption revival: Devendra Pant, India Ratings

Investment recovery unlikely without consumption revival: Devendra Pant, India Ratings SECTIONS Last Updated: May 28, 2021, 01:14 PM IST Share Synopsis The growth number looks to be very difficult to predict as of now because more than any shock which economies can model with some extent of err, what we are struggling with right now and did last year is uncertainty. Agencies It is consumption revival which is very important because until and unless we have consumption revival, it is unlikely that we have a broadbased investment recovery in the economy, said India Ratings & Research on ET Now s India Development Debate. Edited excerpts:

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