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Re-posting my estimate of Q1 Fy21 GDP and GDP growth projection for full year 2020-21 : facebook.com/14330692250323…
2/fy21 The Q1 GDP est of -29% by CSO is better than my est of 3 months ago w/o any data, based only on the logic of lockdown & sectors subject to it. Accounting for 10-15% error it's still likely to be close to final value. I stick to my full year FY21 est of -5% (+/-1%)..3/
#GPC #LDE V shaped notmalization from #Lockdown is happening in most countries. Post-normalization growth recovery in #India will depend critically on #economic #reforms (#GST, #DTC, #DCT, #Labor, #SEZs, Tariffs-FTAs, ...........)
2/ec https://t.co/tsLIKW9otB
3/ec https://t.co/gbrjcEnctW
