India Eases World's Largest Lockdown to Revive Growth

The video discusses the impact of COVID-19 on India's economy, highlighting the national lockdown's effect on GDP and the Reserve Bank of India's monetary measures. It covers the government's limited fiscal response, focusing on social welfare and small business support. The video also addresses unemployment, labor migration to rural areas, and the potential benefits of lower oil prices for economic recovery.

What is the current state of unemployment in India as discussed in the text?

How might lower oil prices benefit India's economy?

What are the expectations for India's GDP growth this calendar year?