Next quarter to be positive, but pace of recovery will be slow: Gita Gopinath on Indian economy

In an exclusive interview with India Today, IMF Chief Economist Gita Gopinath talks about the state of Indian and world economies in the age of Covid-19 and the road ahead.

Talking about the recoveries, Gita Gopinath said, "April to June numbers were dire and we will see with the reopenings that there will be recoveries so the numbers that will be coming in next quarter are going to be positive. In terms of quarter on quarter, we are going to see growth, but indeed the pace of recoveries that we have is gradual and you are not getting back to 2019 levels until 2023 or around there.