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Green shoots visible, India will bounce back: NITI Aayog CEO Amitabh Kant

"I am hopeful that we will bounce back and bounce back with a vengeance," Kant said while speaking at 'FICCI FRAMES 2020'.

"Much of the investment, much of the decision making, much of what happens in India happens in states and therefore we need to make states easy and simple," Amitabh Kant, Chief Executive, NITI Aayog
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Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries.

Press Trust of India New Delhi

Niti Aayog CEO Amitabh Kant on Tuesday said green shoots are visible and the economy, which has been hit hard by the Covid-19 pandemic, will bounce back soon.

The pandemic has impacted economic activities severely as the country had to go through a nationwide lockdown to check the spread of coronavirus. The government had to announce a slew of measures, including fiscal package, to boost the economy.

"I am a great believer that India will bounce back. We are already seeing green shoots in the economy. We are seeing that key sectors like FMCG (fast-moving consumer goods) have already come back.

"I am