India’s 2022: Capacity utilisation and economic revival (Debosmita Sarkar, Soumya Bhowmick, ORF)

The Indian economy has traditionally been considered a supply-constrained one. However, ever since the reforms of 1991, reports suggest that the Indian economy has transitioned from a supply-constrained economy to a demand-constrained one—which essentially means remedial measures should be focused on policies aimed at demand factors, rather than supply-side interventions only. The current economic contraction should not be written off as a one-time effect of the COVID-19 crisis but rather as a continuation of the existing trends in falling aggregate demand augmented by the pandemic. 

India’s 2022: Capacity utilisation and economic revival | ORF (orfonline.org)

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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