K-shaped Recovery Subject – Economy Context – Income of poorest fifth plunged 53% in 5 years; those at top surged. This stark K-shaped recovery emerges in the latest round of ICE360 Survey 2021, conducted by People’s Research on India’s Consumer Economy (PRICE), a Mumbai- based think-tank. Concept – A K-shaped recovery occurs when […]

    K SHAPED RECOVERY Subject: Economics Concept: A K-shaped recovery occurs when an economy recuperates unevenly, and there’s a separate trajectory for two segments of the society. While the financial markets recover and grow, the real economy, or the flow of goods and services, gets worse. That’s worrying, because 84% of the stock market […]