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FY23, not FY22 growth numbers will reflect actual economic conditions: Rajan


FY23, not FY22 growth numbers will reflect actual economic conditions: Rajan
Rajan also cautioned against a second wave of coronavirus cases and called for increasing the pace of vaccination.
BusinessToday.In | March 15, 2021 | Updated 18:44 IST
The Indian economy is slowly recovering from the coronavirus lockdown, with the country s gross domestic product (GDP) growing 0.4 per cent in October-December quarter. However, as per former RBI Governor Raghuram Rajan, the growth numbers of 2022-23 will reflect the actual economic conditions, not 2021-22 numbers.
Rajan said if the virus doesn t cause more problems, India will surely see a huge rebound in growth in FY22. However, he said, the growth should be interpreted carefully and should not be seen as a sign that all is well with the economy. ....

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