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The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy.
India's deepest recession on record will linger through the rest of this year and begin to lift only in early 2021 as a rapid surge in the coronavirus spread squelches a nascent rebound in ...
The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis. [1][2][3][4] Within seven months, every advanced economy had fallen to recession. [5 ...
In January, it had projected a contraction of 7.7% for the fiscal year, following 4% growth in 2019-20. India's economy expands 0.4% in Oct.-Dec., ending recession Skip to main content
A country enters a technical recession if its economy contracts for two successive quarters. Data released Friday by the National Statistical Office showed industry normalizing faster than the ...
The following is the timeline of the COVID-19 pandemic in India from January 2021 to the May 2021. The complexity of the COVID-19 data reporting in India has been scrutinized extensively because of the disagreement between the undocumented morbidity rate and the low rates of case fatality in comparison to other countries.
e. The first responses of the government of India to the COVID-19 pandemic in the country involved thermal screenings of passengers arriving from China, the country from which the coronavirus disease 2019 originated, as well as of passengers arriving from other countries. As the pandemic spread worldwide, the Indian government recommended ...
The first cases of COVID-19 in India were reported on 30 January 2020 in three towns of Kerala, among three Indian medical students who had returned from Wuhan, the epicenter of the pandemic. [10][11][12] Lockdowns were announced in Kerala on 23 March, and in the rest of the country on 25 March. Infection rates started to drop in September. [13]