Lockdowns hamper recovery in major world economies despite easing of curbs

An analysis of seven major economies, including India seems to suggest that all, save China, are struggling to turn around

While many blame the delay in the economic recovery in India to the small stimulus it has given, even the US economy could not turn around despite vast government support. The blame, in fact, has to be laid on Covid-19 cases and the consequent regional lockdowns that applied brakes on nascent recovery. Experts had already warned about it but the finance ministry only recently admitted that economic recovery is fragile because of these factors. India is not alone in this respect, as other major countries are fighting Covid-19 with lockdowns as well, with some exceptions such as Brazil. Let us