In March, the Narendra Modi government imposed a lockdown to prevent the spread of the Covid-19 pandemic. While containment measures had been used by many other countries, the scale of India’s restrictions were unique, bringing the country of more than 1.3 billion people to a sudden halt.Unsurprisingly, the economic hit this caused was staggering. No other major economy was as badly affected by Covid-19 as India’s. In the April-June quarter, the Indian gross domestic product shrank by 23.9%—the worst contraction ever in the country’s history. The economy also shrank in the following quarter as India entered its first economic recession since the British left in 1947.Projections for the year
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