Business Today
Loading...

India in recession after 41 years

India will see a recession after 41 years with the GDP expected to shrink 7.7% in 2020-21

Mudit Kapoor | January 8, 2021 | Updated 16:16 IST
India in recession after 41 years

Indian economy is projected to contract 7.7% in 2020-21 due to coronavirus impact. India last saw recession in 1979-80 due to an oil shock which led to a balance of payment (BOP) crisis

  • Print
  • COMMENT
BT-Story-Page-B.gif
A    A   A
close