India to See Positive Economic Growth in Second Half of 2020-21, Says Niti Aayog VC

New Delhi: Niti Aayog Vice Chairman Rajiv Kumar on Tuesday exuded confidence that India’s economic growth would be in positive territory in the second half of this fiscal, and will do even better than a large part of the world in 2021-22. Speaking at CERAWeek India Energy Forum, Kumar expressed concerns about the uncertainly over the pandemic, which has kept the economy sluggish.

“We (our economic growth) would be slightly ahead in 2021-22. We would be better than large part of the world. But this depends on how the (relief from) pandemic pans out. This is pure uncertainty. How it will work?” he argued. Accepting that there may not be green shoots in the economy at present, he said there are some stems that are very much visible like rising freight, power demand, farm production and other numbers.