Economic Recovery Prospects have gone from bad to Worse

Situation assessment as on 21 September, 2020

With India becoming a global coronavirus hotspot, economic recovery prospects have gone from bad to worse. RBI Governor Shaktikanta Das says economic recovery is likely to be gradual. Economists and global institutions like the Asian Development Bank have cut India’s growth projections by upto 14.8%. The study argues there may be a bigger economic disaster in the offing; that delayed fiscal stimulus will make matters worse etc

 

Situation assessment as on 21 September (1,009 words)

Price: Rs 500

Date of SS: 21 September 2020