The centre’s estimates are flawed and give the impression that the economy has not only weathered Covid-19 but overcome pre-existing difficulties. But in reality, demand is short, dampening economic revival. Officially, the “growth in GDP during 2020-21 is estimated at -8.0 percent as compared to 4.0 percent in 2019-20”. Further, “GDP at Constant (2011-12) Prices in Q3 of 2020-21 is[Read More...]
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