Covid-19: 6 factors that could derail India's economic revovery

Many brokerage firms had predicted the second wave to disrupt India’s growth for only a quarter due to few restrictions on mobility and businesses. However, pressure on the economy seems to be gradually rising as states tighten restrictions in view of rapidly rising cases and deaths.

India’s economic recovery could face major roadblocks if the Covid-19 situation continues to deteriorate. On Thursday, the country reported over 4 lakh daily cases and nearly 4,000 deaths. Many brokerage firms had predicted the second wave to disrupt India’s growth for only a quarter due to fewer restrictions on mobility and businesses. However, pressure on the economy seems to be gradually rising as states tighten restrictions in view of rapidly rising cases and deaths.