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Next few months critical in bid to revive country's economy: Niti Aayog VC

He also noted that while early signs of economic recovery are encouraging, sustainability of this recovery will be key

Rajiv Kumar
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The Niti Aayog Vice Chairman noted that a global economic contraction is on the cards, the magnitude of which is undergoing constant revision

Press Trust of India New Delhi

The next few months will be "critical" for the country in the bid to revive economic activity and further fiscal measures may be warranted to ensure that recovery gathers pace, Niti Aayog Vice Chairman Rajiv Kumar said on Friday.

He also noted that while early signs of economic recovery are encouraging, sustainability of this recovery will be key.

"The 'next few months' will be critical for India as well in the bid to revive economic activity.

"... the downside risks are still very real. Further fiscal measures may be warranted to ensure that the recovery gathers pace and does not peter out," he