GDP Data Along Expected Lines, India Witnessing V-Shaped Recovery: Chief Economic Adviser | Read

PUBLISHED ON: August 31, 2020 | Duration: 1 min, 08 sec

  
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Chief Economic Adviser K Subramanian on Monday said that the 23.9 per cent contraction in the country's gross domestic product (GDP) in the first quarter of 2020-21, is on expected lines due to the coronavirus-induced lockdown. "India was in a lockdown all through April to June quarter with majority of economic activities being restricted. So this trend is along expected lines," he said in a statement.
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