21 days curfew; Will India’s economic growth be affected by 2.5%? | Aggressive lockdowns can reduce growth by 2.5%, Barclays says

New Delhi

Berkeley, a leading economic research firm, says India’s GDP growth rate is expected to decline by 2.5 percent due to a 25-day curfew coroner virus echo.

Both the federal and state governments were aggressive in their efforts to prevent the spread of coronavirus. However, the number of coronavirus infections in India is steadily increasing. Curfew has been issued because social space is needed to control the coronary virus.

A curfew was observed across the country last Sunday. According to Prime Minister Modi’s announcement, curfew has been implemented in the country.

As a result, shops were closed and factory production was hampered. There is concern that the country’s economic growth will suffer greatly.

The top economic analyst rating agency, Barclays, said India’s economic growth in FY12 was 5.2%. Predicted to be a percentage Wow. The 21-day curfew is expected to severely undermine economic growth.

This is a further 2.5 percent decrease from the previous estimate India’s economic growth The company estimates that the rate will come down to 8.5 percent.

The IANS says a 26-day curfew could slow the country’s growth in the April-June quarter.

Dear Readers….

We will not leave the house until March 5th We will be in touch with the world through the media. We will fully contribute to this community by preventing Corona from spreading to the public eye.

– Hindu Tamil Directions with the interest of readers

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