Will covid-19 halt India’s economic recovery once again?
- About half of the 16 high-frequency indicators in Mint’s macro tracker were in the green in the past two months, the best post-pandemic record seen so far
After months of erratic economic performance, India’s economic momentum had picked up pace last February, only to be stopped on its tracks by a global pandemic. The story so far this year bears an eerie resemblance to last year. Mint’s macro tracker shows a steady improvement in economic indicators over the past few months but a renewed surge in infections once again poses a threat to economic activity and investor sentiments.
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