By: Desk Explained | New Delhi | Updated: September 4, 2020 11:12:41 am Workers carry sacks of food grains at a market in Kolkata on Thursday, Sept. 3, 2020 (AP Photo: Bikas Das) The GDP growth figure for the first quarter, a 24% contraction, was in line with expected and …
Read More »India’s GDP: GDP growth contracted 23.9% in the first quarter from 3.1% in the previous quarter | India Business News
NEW DELHI: India’s gross domestic product (GDP) growth for the first quarter (ended June 30) of the 2020-21 financial year saw the largest quarterly decline of 23.9%, data released by the government on Monday. The sharp contraction in GDP figures is mainly due to the closure of business activity during …
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