India's economy may take up to 13 years to recover from COVID-19 losses: RBI

India is expected to overcome the losses caused by the COVID-19 disruptions by 2034-35, the Reserve Bank of India (RBI) stated in its report on currency and financing released on Friday. It further stated, "India suffered among the biggest pandemic induced losses in the world in terms of output, lives and livelihoods...Economic activity has barely recovered...even after two years."

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