Economy Rebounds In June Quarter; Yet To Reach Pre-Covid Levels: Highlights

Despite the record growth in the first quarter of the current fiscal, the economy is yet to reach its pre-COVID levels. However, after recovering from the second wave, India is now on track to achieve the world's fastest growth this year. On the demand side, the recovery of pre-pandemic levels was significant in government consumption at 107.4 per cent and exports at 108.7 percent. The recovery in private consumption is close to 9...