lockdowns to curb activity. Rural unemployment, which fell consistently in June and July, started to rise in early August. While the sowing of crops remains robust, boosting demand for tractors and fertilisers, the progress of the key driver of the agricultural sector—monsoon rainfall—has turned less supportive," Barclays said in a note published on Friday.India now has the fastest growing number of covid-19 cases and deaths globally, displacing the US and Brazil.
With close to 2.5 million cases, India ranks third in cases globally, but the gap between India and Brazil looks set to close over the next few weeks.“The silver lining for India remains its low mortality rate and high recovery rate.