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The economy will return to normal in 2022

Bijaya Laxmi by Bijaya Laxmi
December 7, 2020
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The economy will return to normal in 2022
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New Delhi: The growth of the Indian economy is now slowing due to the Karona epidemic. In the first quarter of the current fiscal, GDP growth was negative at 23.8 percent, while in the second quarter it was negative at 7.5 percent. Compared to the first quarter, there has been a significant improvement in the contraction of the economy in the second quarter. However, Rajeev Kumar, vice-chairman of the policy commission, said today that the growth of the Indian economy would return to the coroner’s position by the end of the next financial year, 2021-22. According to Rajeev Kumar, GDP growth in the current financial year will be at a negative 4 per cent. However, by the end of the 2021-22 financial year, the country’s economic growth rate is expected to be at the forefront of the crown, he said. As the Indian manufacturing sector continues to grow in manufacturing, the economy has recovered more than expected by September of the current financial year, he said. The state of the economy will be even better in the coming days as consumer demand is good.

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