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Indian economy could revive sooner than we expect, says Finance Secretary

Indian economy could revive sooner than we expect, says Finance Secretary

If the current uptick continues without additional shocks, the sharp contraction forecast by several agencies for the current fiscal won't come to pass, said economic affairs secretary Tarun Bajaj. While direct and indirect tax collections in the June quarter were encouraging, daily e-way bill data also showed a positive trend, raising hopes of a turnaround.