Some economist are suggesting india's post-covid recovery is K- shaped & not V- shaped. What does this mean?

Question

Accepted Answer

A K-shaped recovery refers to an economic recovery where different sectors or groups experience diverging trajectories.

In a K-shaped recovery, some sectors or groups of people experience rapid growth and recovery, while others continue to struggle or decline.
This divergence can be seen in the stock market, where certain industries like technology and e-commerce thrive while others like travel and hospitality suffer.
The K-shaped recovery also highlights the growing wealth and income inequality, as those in higher-income brackets benefit more from the recovery compared to lower-income individuals.
Government policies and interventions play a crucial role in shaping the trajectory of the recovery and ensuring it is more inclusive and equitable.

Accepted Answer

V shape economy shows drastic slowdown & drastic recovery

Under k shape economy there is also Ups & downs but in some sector it varies after recession

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