 "covid-19, Indian economy")
The Latest data on most economic indicators is available till February, while the real economic impact of Covid-19 came in March.
In fact, some of the indicators peaked for the fiscal year 2019-20 in February.
In fact, some of the indicators peaked for the fiscal year 2019-20 in February.
For instance, the core sector growth has done so (chart 1), and is likely to witness a major dampening impact in March. The sector comprises crucial industries such as coal, refinery, crude oil, cement, finished steel, fertiliser, and electricity generation. The only number available for March in real sense is PMI for manufacturing, which stood at 51.8 — the same as in the beginning
