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"gdp-contraction"

  • India’s 2020 GDP contraction estimated at 9.6pc

    Noting that the COVID-19 crisis has wreaked havoc on labour markets in the developing world, the World Economic Situation and Prospects 2021, said that by mid-2020, unemployment rates had escalated to a record high 23 per cent in India.
  • Indian economy witnessing recovery: Finance Ministry

    The decline in the GDP narrowed to 7.5 per cent in the second quarter of this financial year, over 23.9 per cent in April-June quarter

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