|
Project Detail:
India is one of the fast-growing large economies and its growth averaged over 6.7% between 2015 and 2019. However, the coronavirus disease (COVID-19) pandemic hit the Indian economy hard. The economy faced its worse ever contraction in fiscal year (FY) 2020 since World War II, contracting at 7.3% in FY2020. Economic activity will continue to remain below the pre-pandemic level despite a strong rebound of 10.0% in FY2021 and 7.5% in FY2022. The government has significantly widened the fisca deficit to fight the pandemic and support economic and social recovery.
Note: Please Download Project Document attached to this Project for more information.
|
