India’s growth is set to beat China’s, but economists aren’t cheering

Anand Shah, 44, was employed as a hotel maintenance worker when the Covid-19 pandemic struck and he was let go.

Now, he lines up with other men on a street corner in the Indian capital where contractors recruit day labour. “It’s all I can get,” said Shah, who earns a fraction of his former salary.

India just reported its economy grew by a record 20.1 per cent in the first quarter. Economists forecast India will beat all major economies with 9.5 per cent growth in full-year 2021-22, outpacing…