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India's GDP growth rate for quarter 4 FY2020 at 3.1%
Posted
May 29, 2020
Views
216
Likes
3
Comments
2
Engagement
2.31%
May 29, 2020
216
3
2
2.31%
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2:40Now PlayingThe GDP growth rate for the fourth quarter of the financial year 2020 was declared today stood at 3.1%. The growth rate for 2019-2020 stands at 4.2%. The data reflects the prevailing conditions of the economy amid the COVID-19 pandemic and the several phases of lockdown that have followed to curb the spread of the virus. The core industry data contracted due to the fall in consumer demand. The economic impact of the Coronavirus has begun to show in the figures. Experts predict long term effects on the nation's economy due to the pandemic will be visible in the months to come.
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