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The world’s biggest lockdown imposed to contain the spread of COVID-19 has severely impacted domestic economic activities as it brought nearly 70% of economic activity, investment, exports, and discretionary consumption to a standstill.
And will eventually drag down the GDP growth of the country to a negative single-digit band for FY21E.
So, to improve the prevailing turbulent economic environment and to provide a boost to the ailing economy the current government announced the Atma Nirbhar Bharat Abhiyan, a financial package of Rs 20 lakh crore equaling 10% of the national GDP.
By ElearnmarketsThe world’s biggest lockdown imposed to contain the spread of COVID-19 has severely impacted domestic economic activities as it brought nearly 70% of economic activity, investment, exports, and discretionary consumption to a standstill.
And will eventually drag down the GDP growth of the country to a negative single-digit band for FY21E.
So, to improve the prevailing turbulent economic environment and to provide a boost to the ailing economy the current government announced the Atma Nirbhar Bharat Abhiyan, a financial package of Rs 20 lakh crore equaling 10% of the national GDP.

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