Following a brief respite from the disruptions created by the Covid-19 pandemic, the world economy is now mired in ambiguity as a result of recent geopolitical developments.
Uncertainty has affected the Indian economy as well. Shaktikanta Das, the governor of the Reserve Bank of India, faces a challenging task in containing inflation in the face of rising commodity prices, increased volatility, and a patchy economic recovery.
To track the performance of the Indian economy as of March 2022, we look at a few economic indices. Overall, the indicators reveal a mixed trajectory, with certain activities, such as PMI services and power generation, improving while others, such as PMI manufacturing, exports, and toll collections, declining.