Economic Impact Post Covid-19

Economic Impact

The Indian economy is expected to bounce back in the second half of 2020, with a projected growth of 6.7 per cent in the next financial year, as per IHS Market, highlighting a positive economic impact post the COVID-19 challenges. “The severe negative impact is expected to result in a significant contraction in GDP in the April-June quarter of 2020, resulting in a recession in the 2020-21 financial year with GDP expected to contract by 6.3 per cent year-on-year,” it said in its outlook on the Indian economy. The digital…