Updated:
May 28, 2021 22:22 IST
Respondents in Reuters survey say jobs crisis may worsen; on average see full-year growth at 9.8%
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Respondents in Reuters survey say jobs crisis may worsen; on average see full-year growth at 9.8%
India’s economic outlook has weakened again, albeit slightly, with worst-case scenario forecasts suggesting the toll from the COVID-19 pandemic could be much deeper, stoking fears the job crisis may worsen over the coming year, a Reuters poll found.
Renewed restrictions to curb the current wave have stalled economic activity, leaving many millions out of work and pushing economists who have broadly been bullish to downgrade their views for the second time since early April.
India GDP Data Forecast: The May 20-27 poll showed the outlook for the March quarter was lowered to 21.6 per cent annually, and to 9.8 per cent on average for this fiscal year
COVID-19 toll on Indian economy deepens, jobs crisis to worsen bdnews24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bdnews24.com Daily Mail and Mail on Sunday newspapers.
The Straits Times
PublishedMay 25, 2021, 5:00 am SGT
https://str.sg/3kwF
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