India expected to grow 1.9%, global eco to contract: IMF

While Ms Gita Gopinath has forecasted a 3 % contraction for the world growth India is still poised to grow 1.9 % which is silver lining in the cloud. Various institutions have forecasted different numbers for India starting from 0 % to 2.8 % to 4 % , the good thing is that all see growth though it is at a multi decade low.

The Chief Economist suggestion of using fiscal stimulus to save lives at the moment so that the human power can be used to catalyse growth after the pandemic is contained is truly laudable. The other positive take back is the rebound which all economist see in 2021. Since historically there is no reference of such an pandemic in almost a century the outcome is quite unknown and we could be surprised in both directions. However , Indian growth story is intact with a large mass of young aspiring human population .