Coronavirus: India’s GDP may lose Rs 2 lakh crore in case of major outbreak, says ADB

COVID 19 impact on Indian economy

Coronavirus: India’s GDP may lose Rs 2 lakh crore in case of major outbreak, says ADB

In a brief on the effect of novel coronavirus on Asian economies published by the Asian Development Bank (ADB) on Friday, India projected that in a potential worst-case scenario of an epidemic in the region, Rs 2.2 lakh crore could be lost.

The brief named ‘ The Economic Effect of the COVID-19 Outbreak on Developing Asia ‘ also estimated that in the same scenario transport services in the region would lose up to Rs 14.28 thousand crore.

src : itln

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