Fragile economic recovery in India faces new risk from coronavirus

The pickup in India’s growth last quarter from 4.5% in the previous three months probably came from a rebound in farm output, an improving services industry and rising government spending. But the recovery remains uneven, with a slew of high-frequency indicators showing consumption -- which accounts for 60% of gross domestic product -- is still weak.

from Economy-News-Economic Times https://ift.tt/2I44jqA