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Coronavirus

Indian economy faces long slog to recovery from COVID carnage

Lockdowns ease but employment and consumption take a beating

A woman shops for produce at a market in Mumbai. Even with India emerging from pandemic lockdowns, the economy is not expected to see a quick rebound.   © Reuters

TOKYO -- India has begun to emerge from widespread lockdowns triggered by its latest surge in coronavirus cases, but the economy is unlikely to bounce back anytime soon, given the deep toll exacted on employment and personal spending.

New Delhi began gradually easing its coronavirus restrictions Monday, and construction and manufacturing have begun to resume in the capital and in certain other areas. This comes after the nation's infections have fallen to below 200,000, down from around 400,000 in late April, thanks to widespread lockdowns.

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