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This study uses a demand driven Input-Output model to estimate the sector-wise impacts of COVID-19 on potential GVA and employment. It estimates that the Indian economy is expected to contract in the range of 1.1 per cent to 13.6 per cent over FY 20 under different (V, U and L) recovery scenarios assumed for the post-lockdown period.

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Partner and Head Energy and Natural Resources

KPMG in India

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Eshita Gupta

Technical Director – IGH - S&O

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