INSUBCONTINENT EXCLUSIVE:
India has been able to effectively manage both spread of COVID-19 and fatalities, Mr Subramanian saidThe early lockdown saved lives and
helped in ensuring faster economic recovery, Chief Economic Advisor Krishnamurthy Subramanian said in an address to the media
said in his address to the media after presentation of the Economic Survey.Krishnamurthy Subramanian highlighted that India was able to
effectively manage both, the spread of Covid-19 and fatalities and went on to dedicate the economic survey to Covid warriors
"When the history judges India for its response to this once-in-a-century health crisis, it will be hailed for its mature and bold
observed that the stringency of the COVID-19 lockdown correlates with negative economic growth in the same period but with positive growth
by the coronavirus pandemic and the weeks-long nationwide lockdown to contain the disease
But, as the survey itself projected, the real GDP growth could be 11 per cent in the next financial year.The Economic Survey has, in fact,
Lok Sabha earlier in the day.
