Recent developments in the Indian economy during the COVID-19 pandemic include: 1. Economic contraction: India witnessed a significant decline in GDP growth due to the pandemic-induced lockdowns and disruptions across sectors. 2. Fiscal measures: The government implemented fiscal stimulus packages, including direct cash transfers, credit guarantees, and tax relief measures, to support individuals and businesses during the crisis. 3. Digital transformation: The pandemic accelerated the adoption of digital technologies, leading to the growth of e-commerce, online education, and work-from-home arrangements. 4. Atmanirbhar Bharat: The government launched the Atmanirbhar Bharat (self-reliant India) initiative, aiming to promote local manufacturing, increase exports, and reduce dependence on imports. 5. Reform measures: The pandemic prompted the government to introduce several structural reforms in sectors like agriculture, labor, and education, with an emphasis on improving business conditions and attracting foreign investment. The COVID-19 pandemic has significantly impacted India's economic growth. With sectors like manufacturing, construction, and services facing disruptions and job losses, GDP growth contracted sharply. However, the government's fiscal measures and reform initiatives are expected to stimulate recovery and drive future growth.