In the monthly review meeting of the Finance Ministry, the impact of the second wave on the economy has been ascertained. The impact of the virus has been decent as compared to the first wave. India happens to be one of the few nations, who have recovered well and contributed to the world economy even while battling with the second wave. The consumer confidence was recorded low, and the Services PMI saw its first contraction in 8 months. While the GST revenue in the month of May was low, the Sensex and Nifty were at an all-time high. Watch the video to know more!
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