COVID-19 Outbreak: Will This Be India's Worst Recession?

Boom Live03 Jun, 2020News

An earlier report by CRISIL predicted that India would only lose 4% of its GDP, and now the number has jumped to 10%. dia's economy is likely to contract by 5% this fiscal due to COVID-19 pandemic, according to a report by CRISIL. With the lockdown 4.0 expected to be replaced by lockdown 5.0, the economy may get even worse. 8 states in India contribute to 50% of its GDP.