Covid-19 is an unforeseen shock of such magnitude to the global economic landscape, that this has no historical precedent in recent memory that one can have a preexisting narrative to estimate its impact.
Survey focuses on the government’s priority on labour-intensive employment and a greater reliance on reforms in agri-business and export segments.
This announcement comes at a time when the government's fiscal position remains clogged.
Over the last quarter, onion prices soured from around Rs 25-30 per kg to around Rs 120 per kg across major cities and semi-urban parts.
Maybe India was correct in staying out of RCEP, but now it has a lot more work to do at home.