Source: The Hindu Synopsis: Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery Background Some economists are of the opinion that the Government should not intervene with the economy and that it will revive by itself. These economists’ reason that, like after the Great Depression, the… Continue reading A cycle of low growth, higher inflation
Tag: k shaped recovery
Indian economy is heading for a K-shaped recovery and it won’t be a pretty sight
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… Continue reading Indian economy is heading for a K-shaped recovery and it won’t be a pretty sight
