Economic activity picked up to 40 per cent of pre-lockdown times: CEA Subramanian

07:00:00 PM, Monday 11th of May 2020 | in business

While the outbreak of the novel coronavirus has hit India's economic growth immensly, Chief Economic Advisor Krishnamurthy Subramanian said that according to data obtained after analyzing GST figures and e-bills economic activity has resumed up to 40 per cent of pre-lockdown times in the third phase of the lockdown. He said Indian government should not be compared with the ones announced by advanced economies.