Govt tech think tank says import substitution through indigenisation could cushion GDP blow

India’s GDP is expected to get impacted by Rs 14.88 lakh crore in the current financial year, if appropriate incentivisation in the form of technology and finance is not provided, says the government’s technology think tank – Technology Information, Forecasting and Assessment Council (TIFAC) – in its analysis on impact of Covid-19 pandemic on Indian economy.

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