Rising Covid cases a major downside risk to India's growth: FinMin report

The report sees the GDP growth to be in positive territory in the second half of 2020-21

A major downside risk to India's economic growth continues to be the pandemic-induced morbidity and the rising coronavirus cases that has elevated health stimulus as a key macroeconomic lever for India’s continued recovery, the finance ministry said in its monthly economic review report for February.
 

"While India continues to avoid the second wave of pandemic, there has been a surge in cases in eight states underscoring once again the inevitability of social distancing in keeping the pandemic at bay until a critical mass of inoculated population builds up immunity to control the growth of infection in the country," the department