India Development Update, July 2020

dc.creatorWorld Bank
dc.date2020-08-19T14:01:34Z
dc.date2020-08-19T14:01:34Z
dc.date2020-07
dc.date.accessioned2026-07-01T00:37:50Z
dc.descriptionThe pandemic has afflicted India at a time when its economy had already been decelerating. Defying a long-term accelerating path, real GDP growth moderated from 7.0 percent in 2017-18 to 6.1 percent in 2018-19 and 4.2 percent in 2019-20. The pre-COVID-19 growth deceleration was perceived to be due to long-standing structural rigidities in key input markets; continuing balance sheet stress in the banking and corporate sector, which were compounded more recently by stress in the non-banking segment of the financial sector; increased risk aversion among banks and corporates; a decline in rural demand; and a subdued global economy.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/342001596823446299/India-Development-Update
dc.identifierhttps://hdl.handle.net/10986/34367
dc.identifier10.1596/34367
dc.identifier.urihttp://hdl.handle.net/123456789/407782
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectECONOMIC GROWTH
dc.subjectEXTERNAL SECTOR
dc.subjectINFLATION
dc.subjectFISCAL TRENDS
dc.subjectMONETARY POLICY
dc.subjectPUBLIC FINANCE
dc.subjectECONOMIC OUTLOOK
dc.subjectTRADE POLICY
dc.subjectDISTRIBUTIONAL IMPACT
dc.subjectFINANCIAL SECTOR
dc.subjectELECTRICITY CONSUMPTION
dc.titleIndia Development Update, July 2020
dc.typeReport
dc.typeRapport
dc.typeInforme

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