V-shaped recovery unlikely as India’s economy faces tougher Covid test
V-shaped recovery unlikely as India’s economy faces tougher Covid test
India s economy is unlikely to witness a V-shaped recovery in the wake of an unprecedented second wave of Covid-19 and real GDP growth could turn out to be much lower than projected earlier. Here is all you need to know:
advertisement
UPDATED: April 19, 2021 15:06 IST
A rapid rise in Covid-19 cases threatens to derail India s economic recovery again. (Photo: PTI/Representational image)
India’s economic recovery has been cut short by an unprecedented Covid-19 wave that has forced many states to impose localised lockdowns. Countless businesses have been impacted as a result and experts say the situation will worsen if the virus is not contained soon.