RBI Annual Report 2019-20: Shock To Consumption Severe\, Will Take Time To Mend

RBI Annual Report 2019-20: Shock To Consumption Severe, Will Take Time To Mend
A customer hands an Indian one hundred rupee banknote to a roadside vegetable vendor in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

RBI Annual Report 2019-20: Shock To Consumption Severe, Will Take Time To Mend

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Reserve Bank of India has said private consumption in India, hurt by lower incomes, job losses and behavioural restraints, will take time to revert to pre-pandemic levels as the recovery has lost s...