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India’s fast economic recovery will surprise everyone in 2021-22: NITI Aayog’s Rajiv Kumar.
Jan 12, 2021

The labour reforms brought in by the Narendra Modi government, coupled with those in the Micro, Small and Medium Enterprises (MSME) sector and the new production-linked incentive scheme can change India’s industrial sector and lead to a surge in exports, NITI Aayog Vice-Chairman Rajiv Kumar told ThePrint in an exclusive interview.
The purpose of all these ideas is to boost manufacturing, at a time when India has suffered an economic contraction on account of the Covid-19 pandemic and the lockdown. Last week, the National Statistical Office predicted the economy will contract by 7.7 per cent in financial year 2020-21, the worst mark ever.

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