GSDP

States lost Rs 38 lakh cr due to Covid

Indian States have lost Rs 38 lakh crore due to Covid; how has Bengal fared? The State Bank of India’s latest Ecowrap report estimates that India’s growth in gross domestic product (GDP) for quarter 1 of the 2021 fiscal will be (-)16.5%. The COVID-19 pandemic has played a significant role in damaging the country’s economy.