Wednesday 29 April 2020

Current Indian Economy

The Indian Economy is in a challenging situation. The COVID19 Pandemic has worsened the economic slowdown.
New York Times newspaper
Indian Economy is slowing down at an alarming rate

People are losing their jobs, firms are unable to pay their employees.

Small companies have started to do pay cut and are adhering to several cost cutting strategies.

The govt. is trying to revive the economy. But according to experts, even at the best it will take 8-10 months for the revival if the economy is opened now.

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