INDIAN ECONOMY VS COVID-19
The COVID-19 Pandemic is first and foremost a human disaster in 2020 threatening lives and wellbeing of the global community. Society needs to strongly collaborate to protect people’s lives and health, manage mid-term implications and look for sustainable solutions. With the growing number of coronavirus cases in India, the government has locked down transport services, closed public and private offices, factories and restricted mobilization, though of late restrictions are gradually being relaxed. The economic impact of Covid-19 has been significant and broad-based. India is now the 3rd most affected country after US and Brazil in terms of confirmed Covid-19 cases. As of 27 July, India has 1.5 Mn confirmed cases with test positivity rate of 9%. The outbreak of the Pandemic has led to unprecedented situations along all fronts. Recently, IMF in its report projected the Indian economy to contract by -4.5 percent in 2020, which is the slowest Indian growth that it has in it...