New Delhi: More than half of Indians are optimistic that India will have complete economic recovery from the impact of the Covid-19 pandemic by 2022, a survey has found.
The survey conducted by community platform LocalCircles found that about 54 per cent Indians felt that India would undergo complete economic recovery by the time it completes 75 years of Independence in 2022.
The survey received over 62,000 responses from across 280 districts, of which 67 per cent respondents were men and 33 per cent were women.
The survey found that while 37 per cent felt that the economy will recover completely and cross the pre-Covid GDP level, 17 per cent said even though the economy will completely recover, it will not surpass the pre-Covid GDP.
Twenty seven per cent people said the Indian economy will recover significantly, but will not have a complete recovery, while 16 per cent said the recovery will be limited. Once 2 per cent said the economy will not undergo any recovery at all, according to the survey.
Growth and prosperity
Prime Minister Narendra Modi in his inaugural address at the India Global Week 2020 in July said the world’s economic revival will be linked to the “growth of India” and that India is “ready to do whatever it can to further global good and prosperity”.
We are deeply grateful to our readers & viewers for their time, trust and subscriptions.
Quality journalism is expensive and needs readers to pay for it. Your support will define our work and ThePrint’s future.
The LocalCircles survey found that 57 per cent felt that Indians will grow and prosper before the country completes 75 years of Independence.
While 19 per cent felt that there will be growth and prosperity for all Indians in the next two years, 38 per cent said there will be growth and prosperity for most people and 40 per cent said it will only be for a few.
Fall in social stability
In terms of social stability, the survey noted that only 26 per cent believed people from different castes and religions will live with each other in harmony and peace in the country in the next two years. This figure was 42 per cent and 43 per cent, respectively, in the LocalCircles surveys of 2019 and 2018.
According to the latest survey, 26 per cent said social stability will improve, while 43 per cent said it will remain the same and 28 per cent believed it will deteriorate.
News media is in a crisis & only you can fix it
You are reading this because you value good, intelligent and objective journalism. We thank you for your time and your trust.
You also know that the news media is facing an unprecedented crisis. It is likely that you are also hearing of the brutal layoffs and pay-cuts hitting the industry. There are many reasons why the media’s economics is broken. But a big one is that good people are not yet paying enough for good journalism.
We have a newsroom filled with talented young reporters. We also have the country’s most robust editing and fact-checking team, finest news photographers and video professionals. We are building India’s most ambitious and energetic news platform. And we aren’t even three yet.
At ThePrint, we invest in quality journalists. We pay them fairly and on time even in this difficult period. As you may have noticed, we do not flinch from spending whatever it takes to make sure our reporters reach where the story is. Our stellar coronavirus coverage is a good example. You can check some of it here.
This comes with a sizable cost. For us to continue bringing quality journalism, we need readers like you to pay for it. Because the advertising market is broken too.
If you think we deserve your support, do join us in this endeavour to strengthen fair, free, courageous, and questioning journalism, please click on the link below. Your support will define our journalism, and ThePrint’s future. It will take just a few seconds of your time.