Indian government consumption key to demand growth in economy: RBI report

"The upticks that became visible in May and June after the lockdown was eased in several parts of the country, appear to have lost strength in July and August, mainly due to reimposition or stricter imposition of lockdowns, suggesting that contraction in economic activity will likely prolong into Q2," the RBI said.

from Economy-News-Economic Times https://ift.tt/3aU6daH