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India reaping 'lockdown dividend' by saving lives, livelihood: Eco Survey

India is reaping the lockdown dividend from the preventive measures it adopted at the onset of the COVID-19 pandemic indicating its willingness to take short-term pain for long-term gain, said the Economic Survey tabled in Parliament on Friday.
The document also said despite the hard-hitting economic shock created by the global pandemic, India is witnessing a V-shaped recovery with a stable macroeconomic situation aided by a stable currency, comfortable current account, burgeoning forex reserves, and encouraging signs in the manufacturing sector output.
India is reaping the lockdown dividend from the brave, preventive measures adopted at the onset of the pandemic., it said in the opening chapter titled Saving Lives and Livelihoods Amidst a Once-in-a-Century Crisis . ....

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India reaping 'lockdown dividend' by saving lives and livelihood: Eco Survey

India reaping lockdown dividend by saving lives and livelihood: Eco Survey
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Last Updated: Jan 31, 2021, 10:33 PM IST
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The document further said India recognised that while GDP growth will recover from the temporary shock caused by the pandemic, human lives that are lost cannot be brought back.
Economic Survey 2020-21 decoded for you
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New Delhi: India is reaping the lockdown dividend from the preventive measures it adopted at the onset of the COVID-19 pandemic indicating its willingness to take short-term pain for long-term gain, said the Economic Survey tabled in Parliament on Friday. The document also said despite the hard-hitting economic shock created by the global pandemic, India is witnessing a V-shaped recovery with a stable macroeconomic situation aided by a stable currency, comfortable current account, burgeoning forex reserves, and encouraging signs in the manufacturing sector output. ....

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From Saints To Scientists, CEA Krishnamurthy Subramanian Digs Dip Into Mankind's Vast Knowledge Pool In Economic Survey 2021

From Saints To Scientists, CEA Krishnamurthy Subramanian Digs Dip Into Mankind's Vast Knowledge Pool In Economic Survey 2021
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India reaping 'lockdown dividend' by saving lives and livelihood

India reaping lockdown dividend by saving lives and livelihood
India s economy is likely to rebound with a 11 per cent growth in the next financial year as it makes a “V-shaped” recovery after witnessing a pandemic-led carnage, the Pre-Budget Economic Survey said on Friday.
The Gross Domestic Product (GDP) is projected to contract by a record 7.7 per cent in the current fiscal ending March 31, 2021.
India witnessed its last annual contraction of 5.2 per cent in fiscal year 1979-80.
The Economic Survey 2020-21 said the agriculture sector is the only silver lining while services, manufacturing and construction were most hit by the lockdown that was imposed to curb the outbreak of the COVID-19 pandemic. ....

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India reaping 'lockdown dividend' by saving lives and livelihood: Economic Survey

Updated:
January 29, 2021 16:57 IST
India’s policy response to the pandemic stemmed fundamentally from the humane principle advocated eloquently in the Mahabharata that ‘Saving a life that is in jeopardy is the origin of dharma,’ the survey said
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The document further said India recognised that while GDP growth will recover from the temporary shock caused by the pandemic, human lives that are lost cannot be brought back. File Photo.

India’s policy response to the pandemic stemmed fundamentally from the humane principle advocated eloquently in the Mahabharata that ‘Saving a life that is in jeopardy is the origin of dharma,’ the survey said ....

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