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[Insurance]

Now while there has been a very pleasant surprise in case of Q2, I am not more confident that incrementally Q3 numbers will be proportionately better. A positive number can be expected only in the next financial year. The government has made it very clear that states can consider local measures but they cannot stop inter and intra state movements. They also cannot impose any kind of a lockdown, a local lockdown. How effective would these measures be to contain the spread of Covid-19 and to ensure that business activity continues? Rural India is doing relatively better, agriculture is doing well and that is a very significant buffer in a year like this. In fact, in Q2 we are seeing the effect of the summer crop. In the case of Q3, we will possibly see the effect of both the summer crop and the winter crop and winter crop sowing at this moment is very strong, a 20% plus uptick from the previous year’s level winter crop. Also, some check out here of the other sectors keep on providing some bit of support as in the case of construction etc.

https://economictimes.indiatimes.com/markets/expert-view/a-positive-gdp-number-can-be-expected-only-in-next-financial-year/articleshow/79449560.cms

[Training]