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Covid-19: Risks to short-term and long-term Indian economic outlook

India covid-19 2020 Government travelers
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Forecast ScenarioGovernment deficit does increase and the counterpart is that the household surplus increases too.

Higher government borrowing (by approximately 39%) is being matched by higher private saving (by approximately 30%), so it is being financed by borrowing from those who are unable to spend.

The national balance sheet is therefore, largely unscathed. Nevertheless, a number of things have changed over the last few months and some have been comparatively good.

The inflation rate has fallen and the lockdown measure have been progressively eased. In terms of numbers, GDP per capita during Q1 2020 based on data from Ministry of Statistics, Govt.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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