Answer only if someone knows about it: GDP of India has fallen to -24% worst in past 40 years. What will be it's impact on public? Why the government should not be blamed for it? If the government can take credit of our soldiers work than why the government should not be blamed for it?
Answers
Answer:
its the govt who is wholly and soly responsible for such a downfall of gdp of the country. just for the sake of satisfaction of their ego the modi govt can go to any linut
Answer:
Former Reserve Bank of India governor Raghuram Rajan sees the economic fallout of the coronavirus pandemic as the “greatest emergency” India has faced since independence.
In a note posted on his LinkedIn page on Saturday, Rajan suggested some measures that he thought could help the country contain the economic damage from lockdowns imposed across the nation to curb the spread of Covid-19.
India is currently in the midst of a 21-day nationwide lockdown. The sudden stop across local businesses and major global economies could pull down GDP growth sharply. Fitch Ratings estimates that growth could fall to a 30-year low of 2 percent in 2020-21.
“Economically speaking, India is faced today with perhaps it’s greatest emergency since independence,” Rajan wrote. “While the immediate priority is of course to suppress the pandemic’s spread and improve preparedness, we should now plan for what happens after the lockdown.”
Rajan said that it will be hard to lockdown the country entirely for longer periods. As such, administrations need to start thinking about restarting certain activities in low infection regions with adequate precautions
“While only a handful of employers would be able to take the measures required when restarting work, they may be the largest employers,” he said. The administrative road map to enable manufacturers to activate their supply chains, will also need to be thought through now, Rajan added.
Explanation:
mark me as brainlist please