The past year, 2020 has wreaked havoc on India’s fiscal health. According to all major economic organizations, the Indian economy has been projected to shrink by 9–10% in the ongoing fiscal year. In theory this rings alarm bells in all our heads. But what does it really mean? How does it impact us?

Read on to understand more about this.

So let’s start with the very basics, what is GDP?

The Gross Domestic Product or GDP is the total value of all goods and services produced in a country during a financial year. This is just one of the many…

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