Global Economy
Finance Minister Nirmala Sitharamn mentioned that the COVID-19 pandemic had brought on a challenge unexpected in India’s historical past and it couldn’t be compared with anything before. Noted economist and former advisor to PM Narendra Modi, Rathin Roy, also stated that the centre’s capability to interact in ahead-trying choice making and to deal with the economic fallout of this crisis, is extraordinarily limited. Power consumption had declined from March onwards after COVID-19 outbreak as economic activity got here to a standstill as a result of lockdown.
Households Face £1,200 Hit Per Year After Pandemic, Boe Warns
Britain suffered a report collapse in economic output in the second quarter of 2020 when COVID-19 lockdown measures have been in full pressure, although the decline was barely smaller than first estimated...
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