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Friday, December 27, 2024 | 07:41 AM ISTEN Hindi

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The post-Covid economy

There is a strong case for the government to shift its attention from the economy to public service management

economy, policy, growth, recovery, coronavirus
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Illustration: Binay Sinha

Nitin Desai
The Indian economy has clearly fallen behind by several years if one looks at the gross domestic product (GDP) numbers, the sectoral value added in manufacturing and construction or the actual off-take of items like electricity, steel, cement, vehicles and so on.  How can this be corrected, and growth revived in the post-Covid economy?

The principal means for reviving the economy over the next few months has to be a significant boost in demand growth. Investment is a derived demand and it will not rise till final demand rises.  The recent revival of export growth will help but will not be
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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