The Dangers of Misplaced Optimism*

Dec 9th 2020, C.P. Chandrasekhar
As the government sticks to recovery hype with the fall in the level of contraction from 23.9% in the 1st quarter of FY 2020-21 to 7.5% in the 2nd quarter, the danger is that such optimism would provide the justification to avoid adoption of the measures crucially needed to pull the economy out of recession.
    
* This article was originally published in The Hindu on December 9, 2020.


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