Govt Data Reveals April 2021 Lockdown Initiated Economic Slowdown

Citing government data, financial experts hinted that India is facing economic distress from April 2021, due to lockdown. Analysing the retail activity and road congestion, Indian economist Abhishek Gupta highlighted the economic slowdown till May 16. Abhishek said that the continuous economic distress will surely reflect in the GDP. Reportedly, recent data highlighted rise in input costs in business with decline in exports, imports and consumer and industrial activity.