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India Development Update, July 2020

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dc.contributor.authorWorld Bank
dc.date.accessioned2020-08-19T14:01:34Z
dc.date.available2020-08-19T14:01:34Z
dc.date.issued2020-07
dc.description.abstractThe 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.identifierhttp://documents.worldbank.org/curated/en/342001596823446299/India-Development-Update
dc.identifier.doi10.1596/34367
dc.identifier.urihttps://hdl.handle.net/10986/34367
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectECONOMIC GROWTH
dc.subjectEXTERNAL SECTOR
dc.subjectINFLATION
dc.subjectFISCAL TRENDS
dc.subjectMONETARY POLICY
dc.subjectPUBLIC FINANCE
dc.subjectECONOMIC OUTLOOK
dc.subjectTRADE POLICY
dc.subjectDISTRIBUTIONAL IMPACT
dc.subjectFINANCIAL SECTOR
dc.subjectELECTRICITY CONSUMPTION
dc.titleIndia Development Update, July 2020en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleIndia Development Update, July 2020
okr.date.disclosure2020-08-19
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/342001596823446299/India-Development-Update
okr.guid342001596823446299
okr.identifier.doi10.1596/34367
okr.identifier.externaldocumentum090224b087cbec63_4_0
okr.identifier.internaldocumentum32189407
okr.identifier.report151554
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/342001596823446299/pdf/India-Development-Update.pdfen
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.topicHealth, Nutrition and Population::Disease Control & Prevention
okr.topicMacroeconomics and Economic Growth::Consumption
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicPoverty Reduction::Inequality
okr.topicSocial Protections and Labor::Social Protections & Assistance
okr.unitMacroeconomics, Trade and Investment Global Practice
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