The article discusses the impact of the COVID-19 pandemic on India's economy. It notes that the nationwide lockdown has brought most economic activity to a standstill, which will likely cause the GDP to contract significantly in the first quarter. Experts believe a sharp decline is inevitable due to the shutdown of factories, offices, malls, and disruption to the supply chain, but hope economic activity will resume after the lockdown is lifted.
The article discusses the impact of the COVID-19 pandemic on India's economy. It notes that the nationwide lockdown has brought most economic activity to a standstill, which will likely cause the GDP to contract significantly in the first quarter. Experts believe a sharp decline is inevitable due to the shutdown of factories, offices, malls, and disruption to the supply chain, but hope economic activity will resume after the lockdown is lifted.
The article discusses the impact of the COVID-19 pandemic on India's economy. It notes that the nationwide lockdown has brought most economic activity to a standstill, which will likely cause the GDP to contract significantly in the first quarter. Experts believe a sharp decline is inevitable due to the shutdown of factories, offices, malls, and disruption to the supply chain, but hope economic activity will resume after the lockdown is lifted.