Thursday, January 30, 2020

GDP growth seen at 6-6.5 per cent for 2020-21: Economic Survey

The first advance estimates put out by the government peg the GDP growth at 5 per cent for FY20, an 11-year low and nominal growth at 7.5 per cent, a 42-year low. The slowdown in India's economic growth can be traced to a dramatic fall in investment and consumption, two main drivers of growth, along with fall in exports and manufacturing.

from Economy-News-Economic Times https://ift.tt/2u5mSHt

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