కేంద్రం కన్నా రాష్ట్రాలకు ఆర్థికంగా ఎక్కువ దెబ్బ||States to suffer more revenue loss than center
The constantly evolving pandemic has cast a long shadow on the global economy, which was already jolted by the US-China trade war . With fears of a global recession on the horizon, the global economy is facing a triple-whammy: massive supply-chain related disruptions across a range of industries from containment efforts in China and other economies; amplification of demand-side shocks due to uncertainties as well as lockdowns and other containment measures domestically; and propagation of financial shocks and the US dollar credit crunch.
This global shock comes at a particularly inopportune time for India, as the economy was already on a very concerning downward trajectory since the turn of FY 2018-19
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కేంద్రం కన్నా రాష్ట్రాలకు ఆర్థికంగా ఎక్కువ దెబ్బ||States to suffer more revenue loss than center The constantly evolving pandemic has cast a long shadow on the global economy, which was already jolted by the US-China trade war . With fears of a global recession on the horizon, the global economy is facing a triple-whammy: massive supply-chain related disruptions across a range of industries from containment efforts in China and other economies; amplification of demand-side shocks due to uncertainties as well as lockdowns and other containment measures domestically; and propagation of financial shocks and the US dollar credit crunch. This global shock comes at a particularly inopportune time for India, as the economy was already on a very concerning downward trajectory since the turn of FY 2018-19