The CEA’s assessment is contingent on the assumption that cases peaked on 8 May. However, he says it’s difficult to provide estimates of economic impact at this time.
In 2020-21, the Indian economy contracted by 7.3 per cent against 4 per cent expansion in 2019-20, showing the economic impact of the Covid-19 pandemic.
According to National Bureau of Statistics data Friday, China is riding on strong domestic and foreign demand and aided by recovery from a low base in early 2020 impacted by Covid.
Paolo Mauro, Deputy Director of IMF's Fiscal Affairs Department Wednesday said that he expects the debt to drop down to 80% due to India's economic recovery.
The success of South Asian nations in containing Covid caseloads and a combination of fiscal and monetary policy support helped improve the region's economic outlook.
Today is the anti-socialist era. Libertarianism is fighting; dedicated with all its power and love of liberty. It does not matter whether it wins in the political sphere, wrote KD Valicha in 1957.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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