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World Bank: Indian economy recovering
The Indian economy that was hit hard by the COVID-19 pandemic is now in recovery mode and the World Bank welcomes that, its president David Malpass said on Wednesday.
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migrator
Washington
Malpass also said that India, which faces huge challenges of integrating more people into the formal sector economy and raising the earnings of the people, has made some progress but that’s not enough.
“Indians were hard hit by the waves of COVID. They responded with the huge production of vaccines. But we have to recognise the hit that COVID caused on the Indian economy and especially on the informal sector of the Indian economy,” Malpass said.
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