The recovery in the economy till June has been uneven and the July indicators are showing a poor picture, Nomura Financial's India Economist Aurodeep Nandi told CNBC-TV18 in an interview.

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Nandi said that the increase in lockdowns have impacted demand.

He said labour participation was slowly returning to pre-COVID levels, but that unemployment rates in India were "uncomfortably high".

(This copy will be updated)

First Published:Jul 28, 2020 9:12 AM IST