India Development Update, July 2020
The pandemic has afflicted India at a time when its economy had already been decelerating. Defying a long-term accelerating path, real GDP growth moderated from 7.0 percent in 2017-18 to 6.1 percent in 2018-19 and 4.2 percent in 2019-20. The pre-CO...
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| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/342001596823446299/India-Development-Update http://hdl.handle.net/10986/34367 |
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okr-10986-343672021-09-17T01:13:50Z India Development Update, July 2020 World Bank CORONAVIRUS COVID-19 PANDEMIC IMPACT ECONOMIC GROWTH EXTERNAL SECTOR INFLATION FISCAL TRENDS MONETARY POLICY PUBLIC FINANCE ECONOMIC OUTLOOK TRADE POLICY DISTRIBUTIONAL IMPACT FINANCIAL SECTOR ELECTRICITY CONSUMPTION The pandemic has afflicted India at a time when its economy had already been decelerating. Defying a long-term accelerating path, real GDP growth moderated from 7.0 percent in 2017-18 to 6.1 percent in 2018-19 and 4.2 percent in 2019-20. The pre-COVID-19 growth deceleration was perceived to be due to long-standing structural rigidities in key input markets; continuing balance sheet stress in the banking and corporate sector, which were compounded more recently by stress in the non-banking segment of the financial sector; increased risk aversion among banks and corporates; a decline in rural demand; and a subdued global economy. 2020-08-19T14:01:34Z 2020-08-19T14:01:34Z 2020-07 Report http://documents.worldbank.org/curated/en/342001596823446299/India-Development-Update http://hdl.handle.net/10986/34367 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling South Asia India |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
CORONAVIRUS COVID-19 PANDEMIC IMPACT ECONOMIC GROWTH EXTERNAL SECTOR INFLATION FISCAL TRENDS MONETARY POLICY PUBLIC FINANCE ECONOMIC OUTLOOK TRADE POLICY DISTRIBUTIONAL IMPACT FINANCIAL SECTOR ELECTRICITY CONSUMPTION |
| spellingShingle |
CORONAVIRUS COVID-19 PANDEMIC IMPACT ECONOMIC GROWTH EXTERNAL SECTOR INFLATION FISCAL TRENDS MONETARY POLICY PUBLIC FINANCE ECONOMIC OUTLOOK TRADE POLICY DISTRIBUTIONAL IMPACT FINANCIAL SECTOR ELECTRICITY CONSUMPTION World Bank India Development Update, July 2020 |
| geographic_facet |
South Asia India |
| description |
The pandemic has afflicted India at a
time when its economy had already been decelerating. Defying
a long-term accelerating path, real GDP growth moderated
from 7.0 percent in 2017-18 to 6.1 percent in 2018-19 and
4.2 percent in 2019-20. The pre-COVID-19 growth deceleration
was perceived to be due to long-standing structural
rigidities in key input markets; continuing balance sheet
stress in the banking and corporate sector, which were
compounded more recently by stress in the non-banking
segment of the financial sector; increased risk aversion
among banks and corporates; a decline in rural demand; and a
subdued global economy. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
India Development Update, July 2020 |
| title_short |
India Development Update, July 2020 |
| title_full |
India Development Update, July 2020 |
| title_fullStr |
India Development Update, July 2020 |
| title_full_unstemmed |
India Development Update, July 2020 |
| title_sort |
india development update, july 2020 |
| publisher |
World Bank, Washington, DC |
| publishDate |
2020 |
| url |
http://documents.worldbank.org/curated/en/342001596823446299/India-Development-Update http://hdl.handle.net/10986/34367 |
| _version_ |
1764480752111583232 |