As per RBI reports:COVID-19 Would effect Economic Activity Due To Lockdowns


The Reserve Bank of India has stated in its Monetary Policy report that,COVID-19 would effect the economic activity in India directly due to lockdowns Which was released on thursday.”Financial markets all over the world are experiencing huge fickles; global commodity prices, especially of crude oil, have decreased clearly.

Through second round effects taking place through global trade and growth. The impact of COVID-19 on inflation is misleading, with a possible decline in food prices likely to be offset by potential cost-push increases in prices of non-food items due to supply disruptions,” As per the RBI Monetary Policy Report.


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