What the world is going over right now is a "Global Hyperinflation" a combination of Cost Push and demand pull inflation which is an abnormal inflation.
External sector is not at the verge of any development at present nor in future unless required changes will be taken into consideration by the Government and also low performance of External sector does not create any effect on the constraint on significantly increased expenditure.
We should understand the fact that due to the pandemic situation, the whole world went on for a lockdown because heath is a major concern for any government.
India is on the right path to become a manufacturing process with a continued government support and national players meeting the standards of quality and quantity across industries. It is imperative the country realizes the gravity of the situation and joins hands
The ongoing humanitarian crisis in the repercussions of the current global health crisis is real. Our planning and preparation in the middle of the current lockdown can save the lives of women, men, and children and can help to build a strong economic foundation for the economy of our country.