About The Editorial
As per the recent national income estimates, India’s GDP is reckoned to have grown 8.7% while the Gross Value Added (GVA) rose 8.1% in 2021-22. These numbers show that India is emerging out of the tunnel of pandemic-induced woes. However, the GDP and GVA have recovered from the pre-pandemic waters, but only just, by 1.5% and 2.9% respectively.
Even before the lockdowns of 2020, the growth had already been on a steady decline through 2019-20, with the GDP growing just 3.7%.
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Usage: I’m worried about my job. I think my company is heading into choppy waters.
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