Worries over low demand, Omicron: Recovery ongoing, but remains uneven
India’s economic recovery so far while reasonably strong has been uneven. The organised corporate sector has bounced back, as reflected in the strong tax collections even, as the informal sector seems to be stuck in a rut.
Sustainable and inclusive growth seems some time away given rising inflation, higher interest rates and weak purchasing power of lower-income households could hurt demand in the months ahead…
To read more: https://indianexpress.com/article/business/economy/worries-over-low-demand-omicron-recovery-ongoing-7680944/
SOURCE: INDIAN EXPRESS