Coronavirus times sees expansion in the services sector

BusinessCoronavirus times sees expansion in the services sector

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Coronavirus times sees expansion in the services sector

It has been eight months since we all are talking about coronavirus alone. Employees were working from home, many companies had decided to shut their shops and what not!

However, services sector in India has a good news as it has been for the first time since the last many months that expansion can be witnessed.

Yes you read it right! Services sector has seen growth in October as shopping malls and restaurants reopened for the public after there were many restrictions due to lockdown.

This shows that we are recovering from the huge losses that the pandemic had caused us since the start of the year.

As we are moving towards the end of the year, the finance ministry is of the opinion that economic growth could increase from hereon and touch pre-Covid-19 levels soon.

By Sahana Iyer

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