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Economic impact of Covid-19 is huge, says PM Modi

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₹6 trillion during Q1 FY22, as compared to a loss of ₹11 trillion in Q1 FY21.“Real GDP loss would be in the range of ₹4-4.5 trillion and hence real GDP growth would be in the range of 10% -15% (as against the Reserve Bank of India’s forecast of 26.2%) in Q1FY21.

However, we believe that in this wave, our health crisis has overwhelmed us and, hence, the impact on GDP in the second wave will be more from the health channel than the mobility channel.

Sequential momentum of leading indicators is at an all-time low," it added.The prime minister pointed out that over the last year, there have been many noteworthy changes as well.“We now have a better understanding of the pandemic, which strengthens our strategy to fight it.

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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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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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