GDP data released on Monday shows that India's economy performed better than expected in the first three months of 2021.
GDP data released on Monday shows that India's economy performed better than expected in the first three months of 2021. However, the fine print shows that Indian consumers don't have enough money to spend on what is being produced. The fact that most of the first quarter of this fiscal was hit by the second wave of COVID suggests that India might not see any recovery in demand this year either.