Pandemic-hit Indian economy begins to show signs of revival greekherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greekherald.com Daily Mail and Mail on Sunday newspapers.
2020-12-31 13:35:21 GMT2020-12-31 21:35:21(Beijing Time) Xinhua English
by Pankaj Yadav
NEW DELHI, Dec. 31 (Xinhua) India witnessed a year of calamity and economic recession as the South Asian nation remained the second worst-hit country by the COVID-19 pandemic with the tally standing at 10,266,674 and death toll at 148,738 by the last day of the year.
ECONOMIC RECESSION
The 68-day long lockdown, beginning from March 25, had a cascading effect on India with a population of over 1.3 billion, as almost all the manufacturing activities came to a grinding halt, unemployment shot up like never before, and people were left with minimal spending power at their command.