India needs to grow faster to make up for contraction during COVID: IMF official
PTI on Friday also made a strong case for an additional economic stimulus to address the impact of the pandemic on the country's economy."When it comes to India there was a major collapse of output last fiscal year and the number as you mentioned is eight."So, we are very glad to see the strong rebound this year with projected growth of 12.5 for fiscal year 21-22 and we are seeing also high frequency indicators including PMI (Purchasing Managers' Index), and trade and more mobility indicators which give us a sense that there is continued recovery in the first quarter of this year," she said.That said, there are some recent emergencies of the new variants in the localised lockdowns that are seen as one of the threats to this recovery, Brooks.
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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