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Low base not sole contributor to GDP growth in June quarter: CEA

'The decline and the subsequent recovery was not reflecting anything about the fundamentals of the economy. It is only reflecting the economic restrictions that were placed or removed', said CEA

Topics
Indian Economy | CEA Krishnamurthy Subramanian | India GDP growth

Shrimi Choudhary 



Chief Economic Adviser Krishnamurthy Subramanian
Chief Economic Adviser Krishnamurthy Subramanian

If the third Covid wave is muted, there’s likely to be a growth in consumption like in the January-March quarter, chief economic adviser Krishnamurthy Subramanian said in a conversation with Shrimi Choudhary. He pointed out that if there was no second wave and mobility indicators had continued to rise the way they did in Q4, the numbers would have been far higher. Edited excerpts:

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First Published: Thu, September 02 2021. 06:03 IST

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