With risks looming over, are we over relying on pent-up demand?
Unleashing pent-up consumer demand will require concerted efforts by policymakers.
The deadly COVID-19 second wave has delayed India’s recovery, but what is worrying is the sluggish consumer spending due to pandemic-related concerns. This raises several questions:
The tunnel just got longer, but you can still see the light
The spike in infection during the second wave has made us revisit our economic outlook in our latest report.
The spike in infection during the second wave has made us go back to the drawing board and revisit our economic outlook in our latest economic report titled “The tunnel just got longer, but you can still see the light”.
Post budget analysis of the union budget
The finance minister had promised to deliver a ‘budget like never before" and she presented a well-balanced budget with an equal emphasis on growth and social objectives. This budget is a testimony of the government’s determination to do whatever it takes to revive the economy.
India: The year that was and will be
With industries showing immense resilience through innovative ways during the pandemic and India now gradually making its way toward recovery, growth sustainability in 2021 will depend on widespread vaccine deployment and effective government measures.