What will the impacts of the Covid-19 second wave be on the Indian economy? | The Urban Debate
June 1, 2021
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48:51Now PlayingWhat will the impacts of the Covid-19 second wave be on the Indian economy? | The Urban Debate
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as posted by the channelOn The Urban Debate today with Tanvi Shukla, tune into the conversation about the economic impacts of Covid-19, especially post the 2nd wave. India's economy grew by 1.6% from January to March in the 4th quarter. With the GDP contracting to 7.3% in FY 21, the FICCI has declared the business sentiment at an all-time low, in fact, lowest in decades. Mr P Chidambaram states that over 1 lakh jobs have been lost to this pandemic which the unemployment rate rising to 83.1% from March to May. The post-Covid-19 wave indicators reveal that it will take time for the economy to revive. India's economy grew by 1.6% from January to March in the 4th quarter.
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