Publication:
India Development Update, July 2020

dc.contributor.author World Bank
dc.date.accessioned 2020-08-19T14:01:34Z
dc.date.available 2020-08-19T14:01:34Z
dc.date.issued 2020-07
dc.description.abstract 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. en
dc.identifier http://documents.worldbank.org/curated/en/342001596823446299/India-Development-Update
dc.identifier.uri http://hdl.handle.net/10986/34367
dc.language English
dc.publisher World Bank, Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject CORONAVIRUS
dc.subject COVID-19
dc.subject PANDEMIC IMPACT
dc.subject ECONOMIC GROWTH
dc.subject EXTERNAL SECTOR
dc.subject INFLATION
dc.subject FISCAL TRENDS
dc.subject MONETARY POLICY
dc.subject PUBLIC FINANCE
dc.subject ECONOMIC OUTLOOK
dc.subject TRADE POLICY
dc.subject DISTRIBUTIONAL IMPACT
dc.subject FINANCIAL SECTOR
dc.subject ELECTRICITY CONSUMPTION
dc.title India Development Update, July 2020 en
dc.type Report en
dc.type Rapport fr
dc.type Informe es
dspace.entity.type Publication
okr.crossref.title India Development Update, July 2020
okr.date.disclosure 2020-08-19
okr.doctype Economic & Sector Work
okr.doctype Economic & Sector Work :: Economic Updates and Modeling
okr.docurl http://documents.worldbank.org/curated/en/342001596823446299/India-Development-Update
okr.identifier.doi 10.1596/34367
okr.identifier.externaldocumentum 090224b087cbec63_4_0
okr.identifier.internaldocumentum 32189407
okr.identifier.report 151554
okr.imported true en
okr.language.supported en
okr.pdfurl http://documents.worldbank.org/curated/en/342001596823446299/pdf/India-Development-Update.pdf en
okr.region.administrative South Asia
okr.region.country India
okr.topic Health, Nutrition and Population :: Disease Control & Prevention
okr.topic Macroeconomics and Economic Growth :: Consumption
okr.topic Macroeconomics and Economic Growth :: Economic Growth
okr.topic Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic Poverty Reduction :: Inequality
okr.topic Social Protections and Labor :: Social Protections & Assistance
okr.unit Macroeconomics, Trade and Investment Global Practice
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