India Growth Recovery to Gain Traction in Coming Quarters, Economist Says

The video discusses the current economic slowdown, highlighting factors such as prolonged balance sheet stress and a freeze in credit supply affecting consumption. It also addresses inflation challenges, noting the difficulty for the RBI in cutting rates due to price pressures. The discussion includes the economic outlook, emphasizing the need for both monetary and fiscal support to aid recovery, with a focus on upcoming budget measures.

What role does consumer confidence play in the current economic situation as described in the text?

Discuss the potential impact of the upcoming February budget on economic recovery.