Expectations should be tempered when we talk of growth next year. As there will be a revival in economic activity on all ends which will probably bear fruit in 2022-23 — FY 2021-22 will be a year of consolidation. In light of this, examine the policy architecture set in by the government and the central bank. 10 marks

Mentor’s comment- https://indianexpress.com/article/opinion/columns/economic-survey-union-budget-rbi-credit-policy-nirmala-sitharaman-indian-economy-7198562/ In the body, mention the large borrowing programme of Rs. 12.8 lakh crore. In the body mention … Continue reading Expectations should be tempered when we talk of growth next year. As there will be a revival in economic activity on all ends which will probably bear fruit in 2022-23 — FY 2021-22 will be a year of consolidation. In light of this, examine the policy architecture set in by the government and the central bank. 10 marks