India’s GDP contracts by 23.9% in June quarter

India’s GDP contracts by 23.9% in June quarter compared to 3.1% growth in previous quarter

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NH Web Desk

India’s GDP contracted by 23.9% in June quarter compared to 3.1% growth in previous quarter

The National Statistical Office (NSO) released its GDP figures for the first quarter (April-June) of the financial year 2020-21 on Monday. The data is vital as it provides the first benchmark on the state of India’s economy after coronavirus pandemic.

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    Published: 31 Aug 2020, 5:41 PM
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