Скачать или смотреть K-Shaped Recovery?| Unequal Economic Recovery Explained

Understand the meaning of K-shaped recovery with examples from the Indian economy. Learn why GDP growth benefits some sectors while others face unemployment and income loss. Important for UPSC, State PSC, and competitive exams.

K-shaped recovery refers to an uneven economic recovery after a crisis, where certain sectors, income groups, or industries grow rapidly while others continue to decline. In India, sectors like IT, digital services, and large corporations have recovered strongly, whereas the informal sector, MSMEs, and daily wage workers continue to face economic stress. This type of recovery increases inequality and leads to jobless growth.

K-shaped recovery highlights structural inequalities in an economy, where post-crisis growth benefits capital-intensive and high-skill sectors, while labour-intensive and informal sectors remain distressed.

🔹 Real-Life Example

📊 Stock market hits record highs
❌ Unemployment & informal distress continue

➡️ This divergence = K-shaped recovery

K-shaped recovery shows that GDP growth alone does not mean inclusive development.
For sustainable growth, recovery must be:
Employment-centric
Inclusive
Rural & informal-sector friendly
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Concepts Clear

K-shaped recovery
K-shaped recovery meaning
K-shaped recovery Indian economy
Unequal economic recovery
Jobless growth India
GDP growth vs unemployment
Post-COVID economic recovery
Economic inequality India
Current economic issues
Economics for UPSC


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