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Hit Hard by Lockdown, India's Economy Shrinks 7.5%

Date:
28 November 2020
Category:
In the News
Topics:
India

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Note: This article was originally published in Northwest Arkansas. Dr Venkatachalam Anbumozhi was quoted.

NEW DELHI -- China has come roaring back from the devastation of covid-19, and the United States, Europe, and Japan are finding their feet in some respects. But the hundreds of millions of laborers and shopkeepers who keep India's economy running still cannot find relief. India's economy shrank 7.5% in the three months that ended in September compared with a year earlier, government figures showed Friday. The drop followed a record slump of 23.9% in the April-June quarter.

Click here to read the news in  Northwest Arkansas

Hit Hard by Lockdown, India's Economy Shrinks 7.5%

 

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