Other countries have been hit by a second Covid surge and accompanying curbs on economic activity. But not India. All short-term indicators from October onward — electricity consumption, rail freight, auto sales, goods and services tax (GST) receipts — keep rising. If this trend continues — admittedly a big if — India may return to its pre-Covid GDP level by December 2020 or March 2021, not December 2021 as earlier feared. That will be a notable feat.
