True Figure Of Economic Contraction Likely In Double Digits, Govt Must Act Immediately I TWBR скачать в хорошем качестве

True Figure Of Economic Contraction Likely In Double Digits, Govt Must Act Immediately I TWBR

#EconomicContraction #TWBR #MitaliMukherjee The Indian government released its latest estimates of economic growth for the financial year that ended in March 2021. India’s Gross Domestic Product or GDP contracted by 7.3% in 2020-21. While the narrative is that the contraction is a result of India being in a pandemic year and suffering like other countries worldwide, the truth is our GDP growth rate has been a point of growing weakness for the last 5 of the7 years of this current government. The last time the Indian economy contracted this way was in 1979-80. Mitali Mukherjee spoke with Mr Ananth Narayan, Professor of Finance, SPJIMR (S. P. Jain Institute of Management and Research) on what the internals of the economy was looking like, and why it was time for urgent economic relief measures by the Central Government. Like our work? Click here to support The Wire: https://thewire.in/support The founding premise of The Wire is this: if good journalism is to survive and thrive, it can only do so by being both editorially and financially independent. This means relying principally on contributions from readers and concerned citizens who have no interest other than to sustain a space for quality journalism. As a publication, The Wire will be firmly committed to the public interest and democratic values. We publish in four different languages! For English, visit www.thewire.in for Hindi: http://thewirehindi.com/ for Urdu: http://thewireurdu.com for Marathi: https://marathi.thewire.in If you are a young writer or a creator, you can submit articles, essays, photos, poetry – anything that’s straight out of your imagination – to LiveWire, The Wire’s portal for the young, by the young. https://livewire.thewire.in/ You can also follow The Wire’s social media platforms and engage with us. Facebook   / thewire     / thewirehindi     / thewireurdu     / thewiremarathi   Twitter   / thewire_in     / thewirehindi     / thewireurdu     / thewiremarathi     / livewire   Instagram   / thewirein     / livewirein   Don’t forget to hit the subscribe button to never miss a video from The Wire!