3 ms·
Maybe, but the decline in commerce captured there is eyepopping. Projected GDP growth cut 1% so far. Vegetable prices dropping 42-78% due to falling demand. Sma
by panglott 10y ago
Maybe, but the decline in commerce captured there is eyepopping. Projected GDP growth cut 1% so far. Vegetable prices dropping 42-78% due to falling demand. Small-scale services industries cut staff 35%. Job losses in auto manufacturing and construction jobs projected to hit 35% by March. That is a major economic shock.
- deleted 10y ago[deleted]
- statguy 10y agoIn fact I would not be surprised if the growth cut is significantly higher. The previous Prime Minister of India, a renowned economist and the architect of India's economic liberalization in 1991, asserted in the Indian Parliament that the growth cut was likely to be more than 2%.