Indian economy is heading for a K-shaped recovery and it won’t be a pretty sight |ForumIAS

ForumIAS LATEST

1. 1. SFG FRC 2027 | Program starts from 18th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
  2. Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
  3. [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
  4. 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →

News: According to Economists, Indian economy is heading for a K-shaped recovery.

Facts:

K-shaped Recovery: It occurs when an economy recovers unevenly and there’s a separate trajectory for two segments of the society.
Examples:
- Industries like technology, retail, and software services have recovered while the travel, entertainment, hospitality, and food services industries have continued to decline.
- India’s stock market is healthy while millions have lost their jobs and private consumption has collapsed.