"As is true for the world at large, India's near-term macroeconomic outlook is also vulnerable to disruption of trade with China and second-round effects arising from expected slowdown in global growth. However, the latest available data on trade and domestic output indicators do not suggest any adverse impact on the economy. Additionally, a positive impact on India's economy may arise from decline in global oil prices triggered by the outbreak of COVID-19."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Health in IndiaDisasters in IndiaCOVID-19 pandemic by country2020s in IndiaCOVID-19 pandemic in Asia
Original Language: English
Available Languages (1)
Sources
on Tuesday, 17 March, in a written reply to a question in the on the impact of the coronavirus outbreak on the Indian economy, as quoted in Indian macroeconomic outlook vulnerable to disruption of trade with China: Finance Ministry on coronavirus (March 16, 2020), '
https://en.wikiquote.org/wiki/COVID-19_pandemic_in_India
Revision History
No revisions have been submitted for this quote.
Categories
COVID-19 pandemic in India
79 quotes on TrueQuotesView all quotes by COVID-19 pandemic in India →
Related Quotes
"The Satan is using this opportunity as it has always done to lead us astray from our religious duties in the name of …"
"I request all, both in India and abroad, to strictly follow the guidelines and instructions of the local or national …"
"Pfizer and Moderna are the best vaccines. They have been out since Dec-2020. Why don't we have them in India yet? Do …"
"A pandemic thrives on human inequities and it is inextricable from the society, economy, knowledge, and politics of h…"
"Preferably, the government should have anticipated that after it unilaterally declared a complete lockdown (first pha…"
"The COVID-19 outbreak is yet another demonstration of how the Indian poor are systematically excluded from the govern…"
"No doubt, extending the lockdown was necessary, but so was making transportation and other arrangements for the poor.…"
"Irrespective of whether you are a freelance humanitarian or a freelance patriot, a fact that is beyond dispute is tha…"
"The threat from a rapid diffusion of the coronavirus disease (Covid-19) initially threatened to become India’s most s…"
"Remember, we need global help right now to get the vaccines. The person who needs the help cannot have ego. Ego never…"