Indian economy to overcome COVID losses only in FY35, says RBI report - Moneycontrol

4/29/2022 12:00:00 AM3 yearsago
by Siddharth Upasani
by Siddharth Upasani
India fell into a short-lived technical recession in FY21. But while growth has rebounded since then, albeit on a low base, it will take more than a decade to overcome the losses incurred during the pandemic, according to the central bank's latest currency an…
It will take nearly 15 years for the Indian economy to make up for the losses it has incurred during the coronavirus pandemic, according to the Reserve Bank of India's (RBI) report on currency and fi… [+2319 chars]
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