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Transcripts for BBCNEWS World Business Report 20240604 04:50:00

lockdown. . the rural economy complete lockdown. . the rural economy complete contribute - lockdown. . the rural economy complete contribute 2596 i lockdown. . the rural economy complete contribute 2596 to| complete contribute 25% to india s gdp and a big slump here could impact india s recovery. as informal workers left cities and return to the countryside. as the second wave abates and the economy opens up, there is scope for some recovery but experts say with threats of an impending third wave, any recovery could be a staggered one. while india s growth in the last quarter was 1.6%, the extent of the second wave s economic damage will be visible later this year. experts are optimistic that timely monsoons could help revive the agricultural sector and offset some of the losses, but the government needs to play a bigger role. construction which is a very strong driver of rural economy, would be the critical factor to see how the rural economy can bounce back. there is

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India
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Gdp
Second-wave-abates

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