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.
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.