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Eurasia Center Brief Analysis EC/2022/6. – The Indian Economy in the Spring of 2022 in the Light of the Russia-Ukraine War

The Union Minister for Electronics & Information Technology and Law & Justice, Shri Ravi Shankar Prasad chairing a High Level Round Table with Pioneers of Industry for developing the roadmap for one Trillion Dollar Digital Economy of India, organised by MEITY, in New Delhi on June 16, 2017...The Minister of State for Electronics & Information Technology and Law & Justice, Shri P.P. Chaudhary, the Secretary, Ministry of Electronics & Information Technology, Ms. Aruna Sundararajan and other dignitaries are also seen..

Abstract

While the world economy is recovering from the coronavirus outbreak, it has recently been shaken by the consequences of the Russian-Ukrainian war, which is also affecting the economic development of India, a global player. The rise in commodity prices and the disruption of trade chains have triggered a new wave of crises, which is not expected to be as severe as the COVID-19 crisis. The aim of this analysis is to provide a brief overview of the state of the Indian economy and its prospects in the spring of 2022 in light of recent economic indicators.

Keywords: India, economy, coronavirus epidemic, Russia-Ukraine war, crisis

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