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Economy likely to contract 7.7% in 2020-21: Govt

Indian economy is estimated to contract 7.7 per cent in 2020-21 compared to 4.2 per cent growth in the previous fiscal, mainly on account of the impact of the Covid-19 pandemic. As per the first advanced estimates of the national income released by the National Statistical Office (NSO) on Thursday, there was contraction in almost all sectors with the exception of agriculture.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3hOEImF
Economy likely to contract 7.7% in 2020-21: Govt Economy likely to contract 7.7% in 2020-21: Govt Reviewed by Space encyclopaedia on January 07, 2021 Rating: 5

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