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India's recovery gathers pace on good agri show, falling Covid cases: S&P

India faces a permanent loss of output versus its pre-pandemic path, suggesting a long-term production deficit equivalent to about 10 per cent of GDP

Topics
Indian Economy | Economic recovery | Indian agriculture

Abhijit Lele  |  Mumbai 

farmers, agriculture, produce, products, grains, apmc, market, msp, godown, cold storage, farming, farmers, farm labour
ndia's improving growth prospects are critical to its ability to sustain the higher deficits associated with its more aggressive fiscal stance, S&P said

Global rating agency Standard & Poor's (S&P) said India is on track for an in the fiscal year ending March 2022 with consistently good performance in agriculture, a flattening of the Covid-19 infection curve, and a pick-up in government spending are all supporting the economy.

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First Published: Tue, February 16 2021. 10:26 IST