Economy, asked by seemonvijay, 2 months ago

"India's GDP contracted 23.9% in the April-June quarter of 2020-21 and
further declined 29.4% in the quarter July-September 2020-21 as compared
to same period of 2019-20, suggesting that the lockdown has hit the economy
hard."'The Hindustan Times, 30th November, 2020. State and discuss
two fiscal measures that may be taken by the Government of India to correct
the situation indicated in the above news report.​

Answers

Answered by adil589
3

Answer:

"India's GDP contracted 23.9% in the April-June quarter of 2020-21 and

further declined 29.4% in the quarter July-September 2020-21 as compared

to same period of 2019-20, suggesting that the lockdown has hit the economy

hard."'The Hindustan Times, 30th November, 2020. State and discuss

two fiscal measures that may be taken by the Government of India to correct

the situation indicated in the above news report.

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