India's economy for the rest of the year

India's economy for the rest of the year.

GDP Gross Domestic Product on Business Modern Background. Arrow and charts.

For India to perform better in economic terms:-Two Factors are important

Process of Gradual Unlocking

With total lockdown in april, things are starting to change in August and September. Companies are opened up and this economic growth was also observed in Industrial of Industrial Production.

(IIP)

As there is no assurance that there will be no local lockdowns by state governments. This disrupts supply chains and businesses get affected. Industries risk expanding their business.

The second factor is revival aka stimulus package by the government.

When it is distributed?

To whom it is distributed?

And How much is distributed?

Government has provided food for the poor, and lending facilities by various financial institutions.

By increasing capital expenditure, the government can begin a virtuous cycle of creating assets as well as providing employment.

Thanks for Reading.

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