• ANAS AHMAD

There are several ways in which India’s economic recovery could become even more difficult.The end of any quarter typically throws up a lot of economic analysis. Last week, the Reserve Bank of India released its June bulletin, which provided the RBI’s assessment of how the Indian economy is placed.Even though hardly any entity knows as much about the Indian economy as the RBI, the more instructive analysis was carried out by the National Council of Applied Economic Research (or NCAER) as it released its Quarterly Economic Review.The NCAER distinguished itself in finding innovative ways to map the state of the Indian economy during the pandemic. At a time when official sources of data suffered large gaps and inadequacies, researchers at NCAER found their own ways to assess the extent of economic disruption due to Covid. As early as December 2020, they had correctly forecast (to the first digit after the decimal) that the full-year GDP growth will be minus 7.3% — a number that the Ministry of Statistics and Programme Implementation (MoSPI) arrived at only by May 31 this year! As such, it makes sense to listen to NCAER’s forecast in the wake of the second Covid wave

KEYWORDS: E-Economic,Q-Quarterly,I-Inadequacies,R-Researcher,I-Implementation

"INFLATION, UNEMPLOYMENT AND G.D.P, THE FUTURE THREATS FACING THE INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.457-466, April-2019, Available :http://www.jetir.org/papers/JETIR1904T63.pdf

"INFLATION, UNEMPLOYMENT AND G.D.P, THE FUTURE THREATS FACING THE INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp457-466, April-2019, Available at : http://www.jetir.org/papers/JETIR1904T63.pdf