According to an estimate by a foreign brokerage firm, India's March quarter GDP growth rate could be affected by 0.20% due to the coronavirus. The Indian economy is battling a severe slowdown, and the spread of the coronavirus could affect the chances of recovery.
Lower-than-expected growth rates will also affect government finances.
Business standard Opinion That day's article discussed government finances and other policy issues in the context of GST.
The combined effect of a relatively stable or rising unemployment rate and declining labor force participation rate indicates that employment is declining. Mahesh Vyas.
Writes that, in the current circumstances, we must guard against making money easily Soumya Kanti Ghosh.