Furthermore, as the impact of COVID-19 subsides, the virtuous cycle from income to  5  spending is likely to operate on the back of improvement in employee income, and an uptrend in private consumption, including that of face-to-face services, is projected to become evident.
India meets the bulk of its large food demand through domestic production, barring few commodities like edible oils and pulses where the import dependence is about 35 per cent and 15 per cent, respectively.