Preface:
Economic Survey 2020-21 is an ardent tribute to the immortal human spirit of grit and compassion encapsulated by the tireless battle against the pandemic by our frontline COVID-19 warriors. In the midst of the most unfathomable global health emergency experienced in modern history, the resolve of each Indian helped find its way from the darkness of ‘lives vs livelihoods’to the glow of ‘#SavingLives&Livelihoods’. The foresight of our collective vision to battle this pandemic became evident when policy insights and implementation at the Centre, State and local level converged to initiate a V-shaped economic recovery. This spirit resonated in the recent Team India’s victory in Australia where their resilience to rebound from 36 all out to winning the Test series was a V-shaped performance indeed! Similarly, after experiencing a sharp contraction of 23.9% in first quarter of 2020-21, India is expected to
be the fastest growing economy in the next two years. Projections by various national and international agencies including the IMF project this resilience of the Indian economy.
Through this year, as India bravely fought the global pandemic,…Read more