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Notice (8): Undefined variable: urlPrefix [APP/Template/Layout/printlayout.ctp, line 8]latest-news-updates/india-economic-prosperity-affected-by-covid-19-coronavirus.html"/> LATEST NEWS UPDATES | Economy infected: Task force has a prescription, concerns mount over delay -P Vaidyanathan Iyer | Im4change.org
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Economy infected: Task force has a prescription, concerns mount over delay -P Vaidyanathan Iyer

-The Indian Express

Over the last one month, the government pulled out all stops to contain the spread of the Covid-19. During this period, economic ministries including Commerce and Industry, Heavy Industries, Road Transport, Civil Aviation, Pharmaceuticals and Consumer Affairs met and heard stakeholders.

With Covid-19 wreaking havoc in Indian financial markets and global research and rating firms marking down GDP growth estimates by up to 100 basis points, Prime Minister Narendra Modi Thursday acknowledged rising concerns of the pandemic’s adverse impact on the larger economy as he announced a “Covid-19 Economic Response Task Force” under Finance Minister Nirmala Sitharaman.

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