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The slowdown in 2019-20 was neither anomalous, nor inexplicable

It is important to remember that growth had been slowing for five consecutive quarters before 2019-20

Topics
GDP | ncaer | NBFCs

T C A Srinivasa-Raghavan 



T C A Srinivasa-Raghavan

Economists love to find trends or anomalies, and the more debatable they are, the better. The latest one doing the rounds is the idea that the anaemic 4 per cent growth in 2019-20 was somehow unexpected, unprecedented, and deviating from the trend, which was of much higher growth.

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First Published: Tue, April 19 2022. 09:58 IST

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