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The COVID-19 pandemic has paused the fast moving and the ever changing world. The pause affected the global economy to a level that experts are now comparing it to the Great Depression. Indian economy which was already reeling with pressure of slow GDP growth rate, high unemployment and affects of US-China trade war has now received another jolt. India also has to urgently find a way to cushion the demand-side shocks induced by potential lockdowns and other ongoing containment measures.
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