Question

write six points on the topic major challenges and issues before indian economy to 2019-2020




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Answer 1

Explanation:

The economic impact of the 2020 coronavirus pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down .

Answer 2

Major challenges and issues before Indian economy to 2019-2020, are as follows -

• In the year of 2020, the whole world economy got high scale damages due to the coronavirus pandemic situation. And, Indian economy is no exception in this crisis. The Indian economy is hugely impacted due to the coronavirus pandemic.
• The amount of layoffs is huge in this year, in almost every sectors. That's why, a huge amount of Indian population is currently dealing with unemployment.
• The new employment is almost impossible in this situation and the current employed workers are getting reduced salaries.
• The international trading had decreased a lot due to the closed international routes due to the pandemic.
• The prices of different goods are getting extremely high, in the national consumer market.
• The income per capita had deceased a lot during the previous few quarters of the 2020 and this is enhancing the poverty in our country.
• The GDP growth had also decreased in this year for almost 23% which is tremendously bad for the whole Indian economy.