Growth must not only be consumption-driven but also investment driven. It is the latter which in a developing economy can sustain growth over a long period. In light of this, suggest the policy imperatives that India should follow to make good of the decline in 2020-2021. 10 marks - Civilsdaily

Growth must not only be consumption-driven but also investment driven. It is the latter which in a developing economy can sustain growth over a long period. In light of this, suggest the policy imperatives that India should follow to make good of the decline in 2020-2021. 10 marks

Mentor’s comment- https://www.thehindu.com/opinion/lead/laying-the-foundation-for-faster-growth/article33379632.ece In the intro, mention figures of economic loss due to the pandemic. In the body, mention how India needs to grow at 8% in 2021-2022 to compensate for the economic loss owing to the pandemic. In the next part, discuss the various policies as mentioned in the article like increased government spending … Continue reading Growth must not only be consumption-driven but also investment driven. It is the latter which in a developing economy can sustain growth over a long period. In light of this, suggest the policy imperatives that India should follow to make good of the decline in 2020-2021. 10 marks