Tenuous revival (GS-3, Economy, the hindu)

Tenuous revival (GS-3, Economy, the hindu)

Context::- Indian economy is going in a downward turn due to lockdown and other bottlenecks. now can be revived in the upcoming quarters. Mining and quarrying and the worst­hit contact­intensive omnibus services category of trade, hotels, transport, communications and broadcasting contracted 5.7% and 2.3%,

Why downward trajectory

  • Lockdown led to a loss of jobs
  • decrease in production
  • lack of jobs in the economy
  • significant decrease in the economy
  • Lack of comprehensive measures at the governance level.

What could be the possible way out

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