In this episode of the Macro Minutes podcast, Moneycontrol’s Arup Roychoudhury is in conversation with Rahul Bajoria, Chief Economist of Barclays in India. Bajoria says that private consumption is recovering at a brisk pace, public consumption could still be lower year-on-year.
Bajoria says that the economy may register a slightly positive growth in the October-December quarter, and a 4 per cent growth in January-March, assuming a vaccine rollout is underway in India. He also said that the upcoming union budget should make a shift from welfare spending to growth spending.
Tune in to the Macro Minutes podcast for more.
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