Talk on 'The Indian Economy Path' by RBL Chief Economist

Invited speaker Ms Rajni Thakur, Chief Economist at Ratnakar Bank Limited (RBL Bank), Mumbai, delivered a webinar on 'Tracing the recovery path for the Indian economy' on November 7, 2020. 
The speaker was of the view that there was a slowing of the economy before the pandemic itself and further explained, how COVID had aggravated the pain. Ms Rajini opined that one of the key reasons for the slowdown was the low rate of consumption while other factors like trade war, after-effects of demonetization, and GST implementation added to the woes. The speaker highlighted how the economy was picking up with a ‘V shaped' recovery and said policy intervention would play a vital role in sustaining this momentum. Discussing the current job market, Ms Ranjini said that based on the available data there is a reduction in job loss over the last quarter.