The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21) as COVID-19 pandemic compressed consumer demand and private investments, government data released by the National Statistical Office (NSO) showed on Monday. "The GDP at constant (2011-12) prices in Q1 of 2020-21 is estimated at Rs 26.9 lakh crore as against Rs 35.35 lakh crore in Q1 of 2019-20, showing a contraction of 23.9 per cent as compared to 5.2 per cent growth in Q1 2019-20," said the Ministry of Statistics and Programme Implementation in a statement.from IndiaTV Business: Google News Feed https://ift.tt/3gG7HXD
0 Comments