Daily Current Affairs on India’s GDP to contract 8% in fiscal year 2020-21: FICCI Survey for General Knowledge ( All Exams) Preparation

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India’s GDP to contract 8% in fiscal year 2020-21: FICCI Survey

Current GK ( Master) Growth and development
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India’s GDP to contract 8% in fiscal year 2020-21: FICCI Survey
  • The gross domestic product (GDP) of India is expected to contract by 8 percent in 2020-21, according to the latest Economic Outlook Survey of FICCI.
  • Apart from this, FICCI expect the economy to perform much better in financial year 2021-22 with GDP growth rate of 9.6 percent in FY22.
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