India’s Economy Shrinks Sharply as COVID-19 Slams Small Businesses
In the News
30 November 2020

India’s Economy Shrinks Sharply as COVID-19 Slams Small Businesses


Note: This article was originally published in The Economic Times. 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. But the hundreds of millions of laborers and shopkeepers who keep India’s economy running still can’t find relief. India’s economy shrank 7.5 percent in the three months that ended in September compared with a year earlier, government figures showed on Friday.

Click here to read the news in The Economic Times

India’s Economy Shrinks Sharply as COVID-19 Slams Small Businesses


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