India’s Covid-19 stimulus package as a percentage of its GDP is currently at around 10%, which is way lower than several other major economies.
Author: Prof. Ravi Meena
Rethinking MGNREGA as recovery tool in current Economic Crisis
This is the first full-year contraction in the Indian economy in the last four decades since 1979-80, when GDP had shrunk by 5.2 per cent. This is also the second straight quarter of expansion since India exited a rare recession.