This points to the need for sustained impetus so that growth could return to, or better still, exceed the pre-pandemic trend. 4. I firmly believe that India has the potential to grow at a reasonably high pace in the postpandemic scenario. Several factors are stacked in India’s favour.
First, India as an emerging market and developing economy has significant potential to catch up with the rest of the world supported by favourable demographics, improving skill base and strong domestic demand.