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Indian Economy- What has Quarter 2 brought?

December 3, 2020/

India has entered into recession for the first time since 1996, registering a growth of -23.99% in Q1 2021 and -7.5% in Q2 2021. The manufacturing sector has grown at a rate of 0.6% in Q2, with the PMI index showing the signs of expansion in the sector since August...

Herd immunity: A fallacy or the unavoidable reality?

October 21, 2020/

Immunization programmes require massive funding, infrastructure & staffing, and WHO has expressed concerns about the effectiveness of herd immunity. However, the success of vaccines in mitigating effects of pandemics cannot be blatantly ruled out. Several nations are now unlocking their economies. As people step out of their homes the need...

South Korea: Stepping into Make for India 2.0?

August 7, 2020/

Even as its economy copes with the COVID-19 led recession, South Korean companies are eager to expand the scale and scope of their investments in India. •  With second quarter GDP declining by 3.3% from the previous quarter, the South Korean economy seems to entered a technical recession for the...

Reviving the economy requires a balanced policy approach

June 18, 2020/

• Multi-phased lockdown by central and state governments to halt the spreading of COVID-19 virus has hit the Indian economy disruptively. • However, this contraction will certainly not be uniform and would vary for different sectors and states. • COVID-19 poses further downside risks to the economic outlook and the...

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