A surge in coronavirus cases in India could hurt the economy’s recovery from a rare recession, as curbs to avoid a new wave creates delays in putting millions who lost their jobs to the pandemic back to work. “There is a restless urgency in the air in India to resume high growth, and incoming data point to even contact-intensive services such as personal care, recreation and hospitality gathering traction,” central bankers led by Deputy Governor Michael Debabrata Patra wrote in the Reserve Bank of India’s latest monthly bulletin. But “another outbreak, more lockdowns and restraints, will get unbearable in spite of learning from the initial experience of living with the virus.”
Author Profile
Latest Post
In-Depth Analysis2021.12.16Cotton Yarn/Fabric Market Report – 16th December, 2021
Industry And Cluster2021.12.16CITI Elects New Office-Bearers for the year 2021-22
News & Insights2021.12.16Global Smart Textiles Market Estimated to be Valued at US$ 6.6 Billion by 2026 | MarketsandMarkets™ Study
Articles2021.12.16Can Waste Wool Replace Bubble Wrap?