content on impact of corona virus on indian economy
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Answer:
hi
Explanation:
The person who affected by Corona
Answer:
The corina virus had greatly effected the indian economy.In India up to 53% of businesses have specified a certain amount of impact of shutdowns caused due to COVID-19.Unemployment rose from 6.7% on 15 March to 26% on 19 April and then back down to pre-lockdown levels by mid-June.By 24 April the unemployment rate had increased nearly 19% within a month, reaching 26% unemployment across India.During the lockdown, an estimated 14 crore (140 million) people lost employment while salaries were cut for many others. More than 45% of households across the nation have reported an income drop as compared to the previous year.Stock markets in India posted their worst loses in history on 23 March 2020.a huge chunk of the workforce involved with tourism in the country faces unemployment.Live events industry saw an estimated loss of ₹3,000 crore.On 27 March, Moody's Investors Service (Moody's) revised its estimate of India's GDP growth for 2020 from 5.3% to 2.5%.In July, Jefferies’ reaffirmed a 5% real GDP contraction. Nomura gave the following estimates: -5.6% in Q3CY20, -2.8% in Q4CY20 and -1.4% in Q1-2021.
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