Wednesday, 30 September 2020

Contraction

This day will be possibly remembered as a Day of contraction.
The June Quarter GDP is the worst contraction, in the history.
Except agriculture, all sectors including service, manufacturing have shown a fall down.
As the recession of 2008 is still remembered and shows its impact till today, also including the "Great Demonetization" shows its consequences till today which decoupled Indian Economy with other economies. Similarly this Corona Era will display it's impacts in the upcoming 10-15 years.
This will also be considered as an Act of God?

Just to remember this day here are some memes...
Dated: 31st August, 2020

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