Indian Economy To Recover By 2021, Predicts Goldman Sachs

by Rahul Gautam Sep 08, 2020 • 07:26 PM Views 703

 

A section of economists predict that the Indian economy will recover sooner than expected. In September, Japanese research firm Nomura hinted at a recovery in the Indian economy and now the US investment bank Goldman Sachs has predicted complete recovery by 2021. Earlier rating firm India Ratings had made a similar estimate. Goldman Sachs believes that 70 percent of the economic losses in June 2020 will be compensated by June 2021