TLDR
The Great Lockdown 2020: Worst Recession Since the Great Depression? The world economy is going to contract by 3% in 2020 due to the coronavirus pandemic. India's economy was soaring at over 7.5% until 2008 but it came to a screeching halt and crawled at 3% as the ripples of the global financial crisis reached the country. The global pandemic is expected to have much drastic impact on India’s economy as the country’ GDP is estimated to grow at merely 1.9% this year. With the travel ban in place, Indian airlines are already reeling under heavy losses.via the TL;DR App
no story
