As
the government sticks to recovery hype with the fall
in the level of contraction from 23.9% in the 1st quarter
of FY 2020-21 to 7.5% in the 2nd quarter, the danger
is that such optimism would provide the justification
to avoid adoption of the measures crucially needed to
pull the economy out of recession.
*
This article was originally published in The Hindu on
December 9, 2020.
|
