Insights into Editorial: Economic Survey predicts 11% growth in fiscal 2022

  Context: India’s economy is firmly in the middle of a V-shaped recovery and will bounce back to record 11% growth in 2021-22 after an estimated 7.7% contraction this year, according to a ‘conservative’ estimate in the Economic Survey for 2020-21. The Survey termed the growth a ‘lockdown dividend’ from the country’s stringent response to …