India covid-19 economy India

Will covid-19 halt India’s economic recovery once again?

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www.livemint.com

India’s economic momentum had picked up pace last February, only to be stopped on its tracks by a global pandemic. The story so far this year bears an eerie resemblance to last year.

Mint’s macro tracker shows a steady improvement in economic indicators over the past few months but a renewed surge in infections once again poses a threat to economic activity and investor sentiments.Of the 16 high frequency indicators considered in the tracker, 7 were in the green, or above their five-year-average growth trend in February, the latest update shows.

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