2020s: Decade To Regain Lost Economic Strength, Says Motilal Oswal
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Motilal Oswal Report
The third decade of the 21st Century has begun on an unprecedentedly weak note.
Due to the physical lockdown on account of Covid-19, global gross domestic product decline has been the fastest in the peacetime era. This makes the 2020s decade highly unusual, but interesting.
How strong or weak India’s economic recovery could be and what could be done to make it stronger is what we have addressed in this note.
India’s average GDP growth in the first two decades of the 21st Century remained the same; however, the drivers varied drastically.
After both decades reported strong growth in the first year, economic growth weakened.
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