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India’s Economic Scorecard Improves As GDP Estimates Revised Higher
Some economists have revised India’s GDP growth estimates higher but medium term risks remain significant.
20 Nov 2020, 04:05 PM IST
A quicker than expected rebound in India’s economic activity has prompted economists to tweak their estimates for GDP contraction in the current financial year. Economists, however, continue to warn that medium-term risks remain and the Covid damage to the Indian economy will be substantial.The Indian economy contracted by nearly a quarter in the April-June 2021 period. The steeper than expected contraction had prompted economists to...
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