Pandemic relapse spells trouble for India's middle class

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India’s economy was on the cusp of recovery when a new wave of infections swept the country, infecting millions, killing hundreds of thousands and forcing others to stay home

The outbreak of the pandemic triggered the worst downturn since the Great Depression of the 1930s and as it gradually ebbs, many economies are bouncing back. The World Bank foresees 5.6% global growth for 2021, the best since 1973.

 

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