Question

GDP in india is growing at nearly the rate of 7℅ but unemployment to stay to be serious issue? how do you reconcile these facts ? class 12th​

Answer 1

Explanation:

3 three things have really changed since our last forecast, which which was 1.8 %. the the first is obviously lockdown. 1 month of lockdown takes away three percentage point full year GDP growth. lockdown has had an even bigger impact on growth.

secondly, the impact that we have already seen larger than our expected is to be. if if you look at indicators such as PMI for both manufacturing and services, a are well below expectation then what we expecting earlier.

with with social distancing and everything, many any service activities just are not happening. that is going to