Compliments as usual Mohit ! Most facts are skin deep yet nobody seems to scratch ... I would have expected a 15 %growth rate given the severity of Covid last year. The environment is bearish and that's not easy to reverse.
We've had growth issues for several years now, but the govt refused to acknowledge them. COVID became a useful dump for every economic malaise; hence, post-Covid, most people expected glory days. But this expectation was based on the false premise that all our growth issues could be ascribed to COVID.
As i pointed out here, consumer sentiment began souring a full year before COVID.
Fiction can't change Facts.
Brilliant metaphor of muzzling the gun
Thanks.
Beautifully written. I am getting addicted to your posts.
Very gracious.
So well written, Mohit.
Thanks, Arun.
Compliments as usual Mohit ! Most facts are skin deep yet nobody seems to scratch ... I would have expected a 15 %growth rate given the severity of Covid last year. The environment is bearish and that's not easy to reverse.
We've had growth issues for several years now, but the govt refused to acknowledge them. COVID became a useful dump for every economic malaise; hence, post-Covid, most people expected glory days. But this expectation was based on the false premise that all our growth issues could be ascribed to COVID.
As i pointed out here, consumer sentiment began souring a full year before COVID.