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MIL-OSI China: Second wave of COVID-19 batters India s economy

Source: China State Council Information Office India is going through the second wave of the COVID-19 pandemic as the single-day spike crossed 400,000 cases last week, and the total tally almost reached 20 million. Amid the prevailing conditions, the overall Indian economy, mired in a recession since last year due to COVID-19, has been dragged down further by the second wave of the pandemic. Most industries and the manufacturing sector are either shut or working at a much lesser capacity. The workforce in non-essential services has moved back home and is working online. Once again, offices have been closed and supplementary businesses depending on corporate employees, like the food and hospitality sector, have been hit hard.

World Insights: Second wave of COVID-19 batters India s economy - World News

2021-05-03 10:36:54 GMT2021-05-03 18:36:54(Beijing Time) Xinhua English by Pankaj Yadav NEW DELHI, May 3 (Xinhua) India is going through the second wave of the COVID-19 pandemic as the single-day spike crossed 400,000 cases last week, and the total tally almost reached 20 million. Amid the prevailing conditions, the overall Indian economy, mired in a recession since last year due to COVID-19, has been dragged down further by the second wave of the pandemic. Most industries and the manufacturing sector are either shut or working at a much lesser capacity. The workforce in non-essential services has moved back home and is working online. Once again, offices have been closed and supplementary businesses depending on corporate employees, like the food and hospitality sector, have been hit hard.

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