{"id":76356,"date":"2021-01-12T11:10:34","date_gmt":"2021-01-12T05:40:34","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=76356"},"modified":"2021-03-19T11:40:37","modified_gmt":"2021-03-19T06:10:37","slug":"issue-of-k-shaped-recovery-how-government-budget-can-deal-with-it","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/issue-of-k-shaped-recovery-how-government-budget-can-deal-with-it\/","title":{"rendered":"Issue of K-shaped recovery: How government budget can deal with it?"},"content":{"rendered":"<p><b><span data-contrast=\"auto\">Synopsis<\/span><\/b><b><span data-contrast=\"auto\">\u00a0<\/span><\/b><b><span data-contrast=\"auto\">\u2013<\/span><\/b><span data-contrast=\"auto\">The\u00a0<\/span><span data-contrast=\"auto\">macro-<\/span><span data-contrast=\"auto\">implication of K-shaped recovery and\u00a0<\/span><span data-contrast=\"auto\">labour<\/span><span data-contrast=\"auto\">\u00a0market pressure<\/span><span data-contrast=\"auto\">.<\/span><span data-contrast=\"auto\"> How the government budget will deal with it?<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Introduction-<\/span><\/b><b><span data-contrast=\"auto\">\u202f\u202f<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"22\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">COVID\u00a0<\/span><\/b><b><span data-contrast=\"auto\">Vs<\/span><\/b><b><span data-contrast=\"auto\">\u00a0Economic Mobility<\/span><\/b><b><span data-contrast=\"auto\">\u00a0<\/span><\/b><span data-contrast=\"auto\">\u2013<\/span><span data-contrast=\"auto\">\u202fIndia has broken the link between COVID virus proliferation and mobility earlier and more successfully.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"22\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">India\u2019s GDP estimates for 2020-21 show that the economy is expected to perform much better than earlier p<\/span><span data-contrast=\"auto\">rojections.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"22\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Ho<\/span><span data-contrast=\"auto\">wever,\u00a0<\/span><span data-contrast=\"auto\">the present economic recovery is a hopeful development, but it is not accompanied by <\/span><span data-contrast=\"auto\">labour<\/span><span data-contrast=\"auto\"> market growth<\/span><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">What are the present economic developments\u202fin India?\u202f<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"20\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Industrial sector<\/span><\/b><span data-contrast=\"auto\">\u202f-\u00a0<\/span><span data-contrast=\"auto\">The large firms have endured the crisis better and are gaining market share at the expense of smaller firms.<\/span><span data-contrast=\"none\">\u202f<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"20\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">Although it will increase medium-term productivity, but it will also increase the dominance\/pricing power of big companies in the market.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"20\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Employment\u202f<\/span><\/b><b><span data-contrast=\"auto\">\u2013<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">CMIE\u2019s [Centre for Monitoring Indian Economy]\u00a0<\/span><span data-contrast=\"auto\">labour<\/span><span data-contrast=\"auto\">\u00a0market survey reveals 18 million fewer employed (about 5 per cent of the total employed) compared to pre-pandemic levels.\u202f<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"20\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">These labor market projections not incompatible with a sharper near-term rebound, as this recovery is led by capital and profits, not\u00a0labour\u00a0and wages<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"20\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Household sector<\/span><\/b><span data-contrast=\"auto\">\u202f<\/span><span data-contrast=\"auto\">\u2013 H<\/span><span data-contrast=\"auto\">ouseholds at the top of the pyramid are\u00a0<\/span><span data-contrast=\"auto\">seen their in<\/span><span data-contrast=\"auto\">comes largely protected, and savings rates forced up during the lockdown, increasing \u2018fuel in the tank\u2019 to drive future consumption.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"21\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Meanwhile, households at the bottom are likely to have witnessed permanent hits to jobs and incomes.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">What are the implications of a K-shaped recovery?<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">K-shaped recovery<\/span><\/b><span data-contrast=\"auto\">\u00a0happens when, following a recession,\u00a0<\/span><span data-contrast=\"auto\">different sections of an economy rec<\/span><span data-contrast=\"auto\">over at starkly different rates or magnitudes.<\/span><span data-contrast=\"auto\">\u00a0The macro-implication of K-<\/span><span data-contrast=\"auto\">shape recovery\u00a0<\/span><span data-contrast=\"auto\">in India\u00a0<\/span><span data-contrast=\"auto\">are-<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Firstly, issue of Income-<\/span><\/b><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">Upper-income households have benefitted from higher savings for two quarters<\/span><span data-contrast=\"auto\">.\u00a0<\/span><span data-contrast=\"auto\">Present recovery is led by these savings.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"11\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">But lower-income household<\/span><span data-contrast=\"auto\">s\u00a0<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">are facing<\/span><span data-contrast=\"auto\">\u00a0loss of income in t<\/span><span data-contrast=\"auto\">he forms of jobs and wage cuts. T<\/span><span data-contrast=\"auto\">his will be a recurring drag on demand, if the\u00a0<\/span><span data-contrast=\"auto\">labour<\/span><span data-contrast=\"auto\">\u00a0market does not heal faster.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Second, the issue of Consumption<\/span><\/b><span data-contrast=\"auto\">\u2013\u00a0<\/span><span data-contrast=\"auto\">To the extent that COVID has triggered an effective income transfer from the poor to the rich, this will be demand-<\/span><span data-contrast=\"auto\">hindering<\/span><span data-contrast=\"auto\">\u00a0because the poor have a higher marginal propensity to consume (<\/span><span data-contrast=\"auto\">i.e.<\/span><span data-contrast=\"auto\">\u00a0they tend to spend (instead of saving)\u00a0<\/span><span data-contrast=\"auto\">compared to higher marginal propensity to import among rich.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Consumption pattern<\/span><\/b><span data-contrast=\"auto\">\u2013 Passenger vehicle registrations (<\/span><span data-contrast=\"auto\">proxying<\/span><span data-contrast=\"auto\">\u00a0upper-end consumption) have grown about 4 per cent since October while two-wheelers have contracted 15 per cent.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"15\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Third,\u00a0<\/span><\/b><b><span data-contrast=\"auto\">increases the inequality<\/span><\/b><span data-contrast=\"auto\">\u2013\u00a0<\/span><span data-contrast=\"auto\">COVID-19\u202freduces competition or increases the\u202finequality of incomes and opportunities between rich and poor.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">This could affect<\/span><span data-contrast=\"auto\">\u00a0the<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">trend growth in developing economies by hurting productivity and tightening political economy constraints.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559685&quot;:720,&quot;335559740&quot;:240}\">\u00a0<\/span><b><span data-contrast=\"auto\">How upcoming budget may help India to deal with K Shape recovery?\u202f<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Policy\u00a0<\/span><span data-contrast=\"auto\">needs to look beyond the next few quarters and anticipate the state of the macroeconomy post the sugar rush, for\u202fthe wellbeing of poor citizens and increase its income level.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"18\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">First,\u00a0<\/span><\/b><span data-contrast=\"auto\">Policy will look for the\u00a0<\/span><b><span data-contrast=\"auto\">private sector to start re-investing\u202fand re-hiring<\/span><\/b><span data-contrast=\"auto\">, and thereby sets the economy onto a more virtuous path. Barring that, the labor-market<\/span><span data-contrast=\"auto\">\u00a0hysteresis could sustain with the manufacturing and service sectors.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Private investment\u202frevival policy may\u202fbe implemented first for recovery of the private sector.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"18\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Second,<\/span><\/b><span data-contrast=\"auto\">\u00a0Ensure\u00a0<\/span><b><span data-contrast=\"auto\">exports should\u202fbenefit<\/span><\/b><span data-contrast=\"auto\">\u00a0from\u00a0<\/span><span data-contrast=\"auto\">increasing<\/span><span data-contrast=\"auto\">\u00a0global growth\u202fas the world gets\u00a0<\/span><span data-contrast=\"auto\">vaccinated steadily.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"15\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Third,<\/span><\/b><span data-contrast=\"auto\">\u00a0G<\/span><span data-contrast=\"auto\">overnment may\u00a0<\/span><b><span data-contrast=\"auto\">invest in large physical and social<\/span><\/b><span data-contrast=\"auto\">\u202f(health and education) infrastructure push. It may provide employment for who\u00a0<\/span><span data-contrast=\"auto\">los<\/span><span data-contrast=\"auto\">t<\/span><span data-contrast=\"auto\">\u00a0job due to COVID. It may\u00a0<\/span><b><span data-contrast=\"auto\">reduce inequalities.<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"15\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Fo<\/span><\/b><b><span data-contrast=\"auto\">u<\/span><\/b><b><span data-contrast=\"auto\">rth, a\u00a0<\/span><\/b><b><span data-contrast=\"auto\">reliable<\/span><\/b><b><span data-contrast=\"auto\">\u00a0medium-term fiscal plan<\/span><\/b><span data-contrast=\"auto\">\u202fwill be\u00a0<\/span><span data-contrast=\"auto\">key<\/span><span data-contrast=\"auto\">\u00a0to anchoring the bond market and underscoring an adherence to macro stability.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"15\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Lastly,<\/span><\/b><span data-contrast=\"auto\">\u00a0the i<\/span><span data-contrast=\"auto\">nvestment model\u202ffor\u00a0<\/span><b><span data-contrast=\"auto\">public investment must be balanced<\/span><\/b><span data-contrast=\"auto\">\u00a0to push and financed by aggressive public asset sales<\/span><span data-contrast=\"auto\">.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #ff0000; font-size: 14pt;\">Read Also :<a style=\"color: #ff0000;\" href=\"https:\/\/forumias.com\/blog\/upsc-syllabus\/\" target=\"_blank\" rel=\"noopener noreferrer\">upsc syllabus pdf<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Synopsis\u00a0\u2013The\u00a0macro-implication of K-shaped recovery and\u00a0labour\u00a0market pressure. How the government budget will deal with it?\u00a0 Introduction-\u202f\u202f\u00a0 COVID\u00a0Vs\u00a0Economic Mobility\u00a0\u2013\u202fIndia has broken the link between COVID virus proliferation and mobility earlier and more successfully.\u00a0 India\u2019s GDP estimates for 2020-21 show that the economy is expected to perform much better than earlier projections.\u00a0 However,\u00a0the present economic recovery is a&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/issue-of-k-shaped-recovery-how-government-budget-can-deal-with-it\/\">Continue reading <span class=\"screen-reader-text\">Issue of K-shaped recovery: How government budget can deal with it?<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":76361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,1351,1310,9],"tags":[1308,1284],"class_list":["post-76356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-9-pm-daily-articles","category-daily-news","category-daily-news-updates","category-public","tag-eco_0","tag-eco_2","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2021\/01\/Issue-of-K-shaped-recovery-How-government-budget-can-deal-with-it.jpg?fit=1280%2C720&ssl=1","views":{"total":0,"cached_at":1700777553,"cached_date":1704924937},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/76356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=76356"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/76356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/76361"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=76356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=76356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=76356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}