eonomic recovery

I expect real growth to be at least 11% this year: Bibek Debroy

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I expect real growth to be at least 11% this year: Bibek Debroy

Edited excerpts from an email interview with Bibek Debroy, chairman of the Economic Advisory Council to the PM: What’s your outlook for the current fiscal? I expect real growth in 2021-22 to be at least 11%. GST collections, electricity consumption, broader consumption, mobility indicators — all of these show recovery. Also, consider something like IPO … Read more

View: Even if there’s a Covid resurgence, India’s economic turnaround is heartening

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View: Even if there’s a Covid resurgence, India’s economic turnaround is heartening

India has proved more resilient than one dared hope. Synopsis Other countries have been hit by a second Covid surge and accompanying curbs on economic activity. But not India. All short-term indicators from October onward — electricity consumption, rail freight, auto sales, goods and services tax (GST) receipts — keep rising. If this trend continues … Read more