Context: India is heading towards the worst economic crisis amid COVID 19 Pandemic
Declining State of Economy:
Measure Taken:
Way Forward: Growth of more than 5% for recovering a GDP loss of 5%, as the base would have shrunk, thus a stimulus shot that would empower people with money and jump-start demand is required.
Conclusion: We need well-focused interventions to avert from the worst fall of the economy since 1947.