India’s agricultural sector has been severly disrupted because of the lockdown imposed due to the pandemic. It is starving of buyers and migrant labourers as the restrictions have halted people’s movements. While there are disruptions in supply chains, prices have slumped of wheat, vegetables and other crops yet often consumers are paying more. The problems with the Indian agriclultural sector has aggravated with the pandemic.
The services sector is the bulwark of the Indian economy. The survey indicates that the services sector has contracted and the worse is yet to come. the news is important for both prelims and mains. [Read More]