Ashwajit Singh, MD IPE Global shares his views with Bloomberg featured on Economic Times about ‘Biggest lockdown to push 12 million into extreme poverty’

India’s economy was already growing at its slowest pace in over a decade when the virus struck. The lockdown, which came into effect on March 25, has hammered it, stalling business activity and putting a lid on consumption, pushing the economy to what may be its first full-year contraction in more than four decades.

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