Reviving Economy: Despite business activities gradually resuming, it is widely believed that the Indian economy will see one of the worst years in recent times.
India’s chief economic adviser to the finance ministry, Krishnamurthy Subramanian, has already said the government had estimated the economy to grow at 1.5%-2% and a V-shaped recovery is expected in the second half of the current fiscal but “whether that recovery will happen in H2 or next year is not certain".When Modi meets the chief ministers, the issue of economic recovery, how to boost demand in the market and what role the states can play will be a key agenda on the table.