Need to re-orient policy mix to rebuild economy in post-Covid world: Finmin

Ministry asserts India is on V-shape recovery path from Q2 onwards; says GDP plummeted most because of severest lockdown measures taken against pandemic

The finance ministry has cautioned that the country will have to re-orient its policy matrix to reconstruct the economy and build resilience for an uncertain future in the post-Covid world. Specific attention must be paid to skilling, healthcare, agrarian supply chains, factor markets, infrastructure, information and communications technology (ICT), start-ups and financial inclusion to achieve this end.

In its monthly economic report for August, the department of economic affairs (DEA) under the ministry asserted that the economy is on a V-shape recovery path from the second quarter of the current financial year onwards, as the country starts unlocking after a 23.9