Ulti Ginti
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Description
The COVID pandemic devastated the Indian economy at a time when it was already grappling with a deep structural recession. As millions lost their jobs and walked hundreds of kilometers to their villages, the stock market not only recovered rapidly but also soared to new heights. The extreme economic inequality in India in 2020 was on display like never before. A year after the imposition of a stringent lockdown, Countdown attempts to understand the economic consequences of this disaster and examines whether India is close to reversing some of the key achievements of the reform process: competitiveness and a sharp decline in poverty. Time is running out for India. Even during its best years of growth, India failed to generate sufficient employment or make substantial progress in human development. Now, in the final decade of the demographic dividend, a bold vision is needed to revive Indias economy. The Countdown offers a roadmap for sustainable reforms that can put India back on the path of rapid growth and create millions of jobs for its young population in the shortest possible time.
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