Act of God

India’s GDP meltdown: Unprecedented but not unforeseen

India’s GDP meltdown: Unprecedented but not unforeseen

August 31, 2020

The only shock about India’s first quarter GDP numbers is the extent to which the economy has tanked. However, it may not be enough to shake Nirmala Sitharaman out of her stupor. Finally, the cat’s out of the bag. It’s official and on record. The catastrophic drop of 23.9 p...

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