Home » India’s 2021 economic output likely to remain below 2019 level: UN report

India’s 2021 economic output likely to remain below 2019 level: UN report

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Despite launching a large-scale vaccination campaign to fight the corona epidemic, the country’s GDP is expected to remain below the level of 2019 for the year 2021.

The United Nations Economic and Social Commission for the Asia Pacific region (UNESCAP) has released a report on Tuesday.

This report states that before the onset of the epidemic in India, GDP and investment had slowed down.

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According to the report, economic constraints were at their peak in the second quarter of 2020 (April-June) due to the complete lockdown imposed to prevent the corona from spreading.

The economy began to return to moderation after the lockdown was relaxed, but the economy slowed down in the fourth quarter, with annual economic growth forecasting near zero on an annual basis.

According to the report, according to the report, India’s economic growth rate is estimated to be seven per cent in 2021-22, whereas in the previous year i.e. 2020-21, due to the corona epidemic and its impact, it will fall by more than 7.7 percent. Have an estimate.

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However the central government has warned the states that the health system may be under pressure due to the spurt in cases of corona infection in the recent times in the country.

Thr government says that for the first time since October last year, the country’s positivity rate has crossed the 5 per cent mark, indicating the severity of the second wave of the Corona epidemic.

The government has asked all the states to immediately take appropriate steps to prevent the spread of the epidemic and to improve the facilities in hospitals and intensive care units.

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In the weekly press conference held on Tuesday regarding the situation of Corona plague in the country, senior government officials marked 10 districts where the cases of Corona have increased rapidly.

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These districts are – Pune, Mumbai, Nagpur, Thane, Nashik, Aurangabad, Bangalore city, Nanded, Delhi and Ahmednagar. Eight of these districts are from Maharashtra alone.

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