View: Only reforms can drag the economy out of the mess it\'s in

By Amartya LahiriIndia’s GDP contracted by 23.9% in Q1 of FY 2020-21. This number may well be an underestimate due to problems in data collection during this period, particularly for the informal sector that was disproportionately affected by the pandemic-induced lockdown of the economy. How troubling is this data?While the size of the GDP collapse is large, India is hardly alone in this. Deep economic contractions have been widespread across