Recent Developments Indian Economy 1. COVID-19 Impact and Recovery: The COVID-19 pandemic had a significant impact on the Indian economy. The country experienced a sharp contraction in GDP in 2020 due to lockdowns and disruptions in economic activities. However, the economy has shown signs of recovery since then, with gradual reopening and vaccination efforts. 2. Government Stimulus Measures: To mitigate the impact of the pandemic, the Indian government implemented several stimulus measures. These included providing financial support to vulnerable sections of society, offering credit to businesses, and announcing infrastructure spending plans to revive economic growth. 3. Ease of Doing Business: India has been working on improving its ease of doing business ranking. The government has introduced various reforms and measures to streamline business regulations, simplify tax procedures, and enhance the overall business environment. 4. Digital Transformation: The digital transformatio...