Good news: Rich are spending

Neelkanth Mishra
Oct 19, 2021 | 19:14 IST

Data shows India’s top 10% in brisk consumption mode. Trend will likely hold post-festivals

Neelkanth Mishra

Our mobility-based estimate of GDP suggests the rate of output last fortnight was where it would have been had there been no Covid: 13% above the GDP of the fiscal year ending March 2020 (FY20).
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