GDP Data: Indian Economy Grows 1.6% in Q4; Contracts 7.3% in FY21
In 2020-21, the Indian economy contracted by 7.3 per cent against 4 per cent expansion in 2019-20, showing the economic impact of the COVID-19 pandemic.
In 2020-21, the Indian economy contracted by 7.3 per cent against 4 per cent expansion in 2019-20, showing the economic impact of the COVID-19 pandemic.
This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13
The 30-share index rebounded by 289.28 points, or 0.74 per cent, to quote at 38,934.35; NSE Nifty also went past 10,700 rising 71.30 points, or 0.61 per cent, to 11,751.80.
Besides this, the UPA-I government had the benefit of continuous incremental reforms from 1991 to 2004, he said.