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Synopsis
The problem that many businesses face, like last year, is that of manpower. But where last year, the crisis was because of the large-scale migration of workers, this time around, it’s because Covid is leaving few families unscathed.
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India s exports in April 2021 were recorded at $30.63 billion, as compared to $10.36 billion in April 2020, exhibiting a growth of 195.72%.
When the second wave of Covid hit, the country braced for economic disaster, anticipating worse than what happened last year. So far, that hasn’t happened, and judging by all evidence, it seems unlikely that trade and economy will take as much of a beating this year as it did in 2020. There are definitely green shoots of hope on the economic front. So, what went right this time?
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