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Krishnamurthy Subramanian: Latest News

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23.06.2020 / 13:11

CEA K Subramanian sees V-shaped recovery if coronavirus is contained

NEW DELHI : India’s top economic adviser said a V-shaped recovery for the economy is possible this year, provided a vaccine is found to contain the Covid-19 pandemic.“The recovery will happen after that uncertainty from the health side is taken care of," Krishnamurthy Subramanian, the chief economic adviser to the finance minister, said in an interview at the Bloomberg Invest Global virtual conference.

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Sustainability of economic recovery hinges on pandemic: CEA

New Delhi: India’s economy is clearly on a sharp recovery, especially in the manufacturing sector, but given the uncertainty surrounding the coronavirus pandemic, it makes sense to remain cautiously optimistic, chief economic advisor Krishnamurthy Subramanian said here.India’s September quarter GDP slowed down its pace of contraction to 7.5% from the devastating 23.9% contraction seen in the first quarter, aided by a rebound in manufacturing and electricity generation and sustained farm output.

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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