Friday, May 22, 2020

GDP growth in 2020-21 likely to be in negative: Shaktikanta Das

The Reserve Bank on India (RBI) on Friday said India's gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of coronavirus has disrupted economic activities. Das said the combined impact of demand compression and supply disruption will depress economic activity in the first half of the current fiscal.

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