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'India's FY22 double-digit growth target highly ambitious'

The Indian economy looking to register strong double-digit growth in FY22 to recover quickly from the current bout of Covid-19-induced slowdown, may have set itself an ambitious target that would be hard to achieve given the continuing weak debt growth indicating that the uptick in economic activity remains subdued.

Strong recovery halted by second wave
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Strong recovery halted by second wave

The Indian economy looking to register strong double-digit growth in FY22 to recover quickly from the current bout of Covid-19-induced slowdown, may have set itself an ambitious target that would be hard to achieve given the continuing weak debt growth indicating that the uptick in economic activity remains subdued.
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