With the devastating second covid wave, having ebbed to about 40000 fresh corona cases per day, India is now almost out of the lockdown mode and economic activity is limping back to activity. Demand has picked up, so has production, so has supply and growth and with the easing of bottlenecks, the economy has gathered steam. Alongwith this, a recent report also says, that there has been a significant improvement in the state of government finances, with fiscal deficit being at an 8 year best, for Q1 of the current FY. There are random dots of pick up in activity, without any defined pattern. After the lifting of a lockdown, a pick up of activity is bound to happen, but that need not mean that it will sustain. In this episode of the Business Tit-Bits our Business Editor Mr Akhilesh Bhargava shares his take on the matter.
#Nomura #FinanceMinister #NirmalaSitharaman
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