Peering into the recovery, and household borrowing

Borrowing is a key tool for household consumption smoothing. Renuka Sane and I have an article Get by with a little help from my friends (and shopkeepers): Household borrowing in response to Covid 19, today on The Leap Blog.

My column in the Business Standard today tries to pull together the divergent messages from different measures of economic performance, to peer into the recovery of the Indian economy after the pandemic.