Budget to set course for economic pick up after COVID carnage

Zee News India, which had in 2019 overtaken the UK to become the fifth-largest economy in the world, was knocked off course somewhat due to the carnage. The projected GDP growth does indicate that the worst is over, but it still does not indicate whether the economy has recovered the lost ground and/ or surpassed it," it said, adding the economy will be able to just recover the lost ground in FY22 and surpass the FY20 GDP level in a meaningful way only in FY23.   https://ift.tt/eA8V8J January 21, 2021 at 01:15PM India, which had in 2019 overtaken the UK to become the fifth-largest economy in the world, was knocked off course somewhat due to the carnage. The projected GDP growth does indicate that the worst is over, but it still does not indicate whether the economy has recovered the lost ground and/ or surpassed it," it said, adding the economy will be able to just recover the lost ground in FY22 and surpass the FY20 GDP level in a meaningful way only in FY23.  

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