The outbreak of Covid-19 hit the global as well as the Indian economy badly, with high inflation, growing rate of unemployment and severe pay cuts in various sectors. While there is a growing concern among masses regarding such impacts of Covid on the economy, a report namely Market Outlook by Kotak Mutual Funds released today, shows that India is recuperating on various aspects and showing signs of recovery with surge in equity investments, employment opportunities and better credit score. The report predicts that the GDP growth will be around 9.5 per cent in FY 2022.