Topic: Economy
Indian economy in severe recession: CPI(M)
The CPI(M) on Tuesday said that the data released by the union government on Monday shows the total devastation of the Indian economy that began much before the Covid-19 pandemic emerged.
Pandemic contained lockdown: India’s economy shrinks nearly 24%
India’s economy growth suffered a historic 23.9% contraction in the April-June quarter, as the strict coronavirus lockdown hit businesses, reported news agency Agence France-Presse.
Pandemic and lockdowns: Ruination of tourism in India
The cascading effect of the coronavirus is crippling the Indian tourism and hospitality sector. India’s GDP is directly influenced by the ups and downs in the travel and tourism sector which comprises 10% of the country’s GDP.
The haphazard lockdown invited snags and pitfalls
Lockdown in the whole nation or state or District or a city is not a solution, search, test & seal of hotspot area or Containment area is the answer for resolution; more convenient relaxations, Ease the lockdown, End the lockdown.
Rahul Gandhi’s conversation with Nobel laureate Abhijit Banerjee on COVID-19 & it’s economic impact
Getting some cash into the hands of the population is the best way to kickstart the economy, says Banerjee in a conversation with former Congress president Rahul Gandhi.
Growth in Asia is expected to stall at zero percent in 2020: IMF
The International Monetary Fund (IMF) says the coronavirus pandemic is likely to bring Asia's economic growth to a standstill for the first time in 60 years.
