{"id":72040,"date":"2020-12-06T13:40:08","date_gmt":"2020-12-06T08:10:08","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=72040"},"modified":"2021-01-06T16:38:09","modified_gmt":"2021-01-06T11:08:09","slug":"indian-economy-witnessing-v-shaped-recovery-finance-ministry-report","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/indian-economy-witnessing-v-shaped-recovery-finance-ministry-report\/","title":{"rendered":"Indian economy witnessing V-shaped recovery: Finance Ministry report"},"content":{"rendered":"<p>Source: <a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/indian-economy-witnessing-v-shaped-recovery-finance-ministry-report\/articleshow\/79550017.cms\">Click here<\/a><\/p>\n<p>Finance Ministry\u2019s Monthly Economic Review report has stated that the Indian Economy is witnessing a V-shaped recovery as the decline in the GDP has narrowed to 7.5% in the second quarter of 2020-21 from 23.9% in April-June quarter.<\/p>\n<p><strong>Facts:<\/strong><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18691\" src=\"https:\/\/i0.wp.com\/factly.forumias.com\/wp-content\/uploads\/2020\/12\/V-shaped-recovery-300x261.jpg?resize=357%2C310&#038;ssl=1\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" srcset=\"https:\/\/factly.forumias.com\/wp-content\/uploads\/2020\/12\/V-shaped-recovery-300x261.jpg 300w, https:\/\/factly.forumias.com\/wp-content\/uploads\/2020\/12\/V-shaped-recovery.jpg 594w\" alt=\"V-shaped recovery\" width=\"357\" height=\"310\" \/><\/p>\n<ul>\n<li><strong>V-shaped recovery<\/strong>: It is characterized by a quick and sustained recovery in measures of economic performance after a sharp economic decline.<\/li>\n<li><strong>Significance:\u00a0<\/strong>Because of the speed of economic adjustment and recovery in macroeconomic performance, a V-shaped recovery is a best case scenario given the recession.<\/li>\n<li><strong>Example:\u00a0<\/strong>The recoveries that followed the recessions of 1920-21 and 1953 in the U.S. are examples of V-shaped recoveries.<br \/>\n<blockquote><p><span style=\"color: #ff0000;\">Read Also : <a style=\"color: #ff0000;\" href=\"https:\/\/forumias.com\/blog\/current-affairs\/\" target=\"_blank\" rel=\"noopener noreferrer\">current affairs for upsc<\/a><\/span><\/p><\/blockquote>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Source: Click here Finance Ministry\u2019s Monthly Economic Review report has stated that the Indian Economy is witnessing a V-shaped recovery as the decline in the GDP has narrowed to 7.5% in the second quarter of 2020-21 from 23.9% in April-June quarter. Facts: V-shaped recovery: It is characterized by a quick and sustained recovery in measures&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/indian-economy-witnessing-v-shaped-recovery-finance-ministry-report\/\">Continue reading <span class=\"screen-reader-text\">Indian economy witnessing V-shaped recovery: Finance Ministry report<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[2],"tags":[1284],"class_list":["post-72040","post","type-post","status-publish","format-standard","hentry","category-economy-2","tag-eco_2","entry"],"jetpack_featured_media_url":"","views":{"total":152,"cached_at":""},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/72040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=72040"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/72040\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=72040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=72040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=72040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}