The lasting damage inflicted by the pandemic on these segments is of serious concern for inclusive growth. In the medium to long-run, both efficiency and equity will greatly matter for sustainable growth and macroeconomic performance. 7. Technology adoption which was earlier limited to core sectors has now permeated to several 1/5  BIS central bankers' speeches  other areas, viz.
education, health, entertainment, retail trade and offices. The pandemic has also caused disruptions and induced reallocation of labour and capital within and across sectors. The firms which were quick to adopt technology and were flexible in working from off-site are attracting more capital and labour.