Tag: India economic growth during second wave

Indian economy continues to grow amid deadly COVID-19 wave
Latest

Indian economy continues to grow amid deadly COVID-19 wave

The economic effect of the second COVID-19 wave in India was different from the first one in 2020. This time the country actually saw a large growth in the GDP An Indian man wearing a face mask at a crowded market after the spread of second wave DELHI, INDIA - Recently India released its 2nd Economic Quarter Report of 2021. The report suggested that the economy during the 2nd quarter (April-June) noticed a drastic growth. During this period, India underwent a second COVID-19 wave and economic growth was out of the question. However surprisingly both the country's investments and GDP grew by a large rate thus allowing the country to better its economic conditions that were destroyed by the first wave. The first COVID-19 wave arrived in India during 2020, that wave complet...