GDP Growth and Mirage of V-shaped Recovery
If the GDP growth rate is an indication of where our formal economy is, then there’s a lot to worry about. It fell to -7.3% in FY21, from the low of 4.2% in FY20. Unless the IT cells come out with some convoluted explanation to show -7.3% higher than 4.2% (as they did about the petrol prices), the o...
