India to face critical time while reviving the economy

India to face critical time while reviving the economy

economic-rise

Niti Ayog Vice Chairman informed that India is going to have a critical time, while reviving the economy and may require further fiscal measure to gather the pace. He also added that the early signs of recovery are motivating and maintaining it further will be the key to witness economic growth. It is to be noted that amid this pandemic, the government of India has sanctioned a package of Rs.21 lakh crore, to help struggle against the economic crisis. If we look at the economic growth of the country in the year 2019-20, it was around 4.2 per cent and the growth for the current financial year is expected to have sharp contraction.

Read More at The Economic Times

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