Question

write an article on:-✔️✔️

condition of gdp because of covid 19

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Answer 1

Answer:

With more than 20 lakh people infected worldwide and 1.27 lakh dead, the Covid-19 pandemic shows no signs of abating. As vaccine is yet to be found, lockdowns remain the only way to slow its spread. However, the lockdowns are also pushing major economies to the brink.

The International Monetary Fund (IMF) has revised its global GDP growth estimate from 3.3% just 3 months ago to a contraction of 3%, something not seen since the Great Depression of the 1930s. ET Wealth studies how India is placed in this scenario.