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What has been the impact of the COVID-19 pandemic on India's economy? | The Urban Debate
Posted
July 15, 2020
Views
370
Likes
10
Engagement
2.70%
July 15, 2020
370
10
2.70%
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49:54Now PlayingOn The Urban Debate with Tanvi Shukla, the discussion on the COVID impact on the Indian economy rages focused on 6 key indicators to measure the health of the economy namely, GDP, jobs, tax collection, car sales, and the overall economic activity.
Nikunj Dalmia, Managing Editor, ET Now highlights the holistic view of the global markets, stating that while this year has seen the worst, next year might bring revival, a prediction in line with prevailing market global cues.
Madan Sabnavis, Chief Economist, Care Ratings limited offers an alternate view, he says, "I don't think demand revival is likely. 2020 is a washout year and supply problems will remain because of uncertainty. Given the federal state of our Govt, certainty isn't being provided."
There is a challenge present before the government to do what it takes to bring India's economy back on track.
Watch the video to know more!
#CovidEconomicImpact
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