Was Contraction of Indian GDP only Due to Covid-19 Pandemic? Lets check it Out!
So the fear that many experts about Economics and Indian Economy was fearing became reality. Yesterday on 31st august when GDP data was published by National Statistical Office . It showed that in the April-June quarter of 2020-21 GDP contracted by 23.9% compared to growth of 3.1% in the previous quarter. Among the G7 countries UK’s economy contracted by 20.4%, France by 13.8% only India’s Northern neighbour China saw a growth of 3.2 %. Few days ago Indian Economic minister