#AceFinanceDesk – India’s economic growth was declining even before the Covid-19 pandemic hit the co untry due to factors like the crisis in the country’s financial markets and the impact of  the US-China trade war. From over 8 percent in early 2018, Indian GDP growth slipped to 3.1 percent in January – March this year.

NEW DELHI (Sputnik) – “In an official statement, the Indian Ministry of Statistics and Programme Implementation stated on Monday: “GDP at Constant Prices in Quarter One (April – June ) of 2020-21 is estimated at $358.66 billion, as against $471.33 billion in the first quarter of 2019-20, showing a contraction of 23.9 percent.””

Published: Aug.31: 2020: https://ift.tt/31HtRUY

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