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GOLDMAN SACHS: INDIA’S ECONOMY MAY CONTRACT BY 45% IN THE JUNE QUARTER

Published On 18 May 2020 10:25 AM


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Highlights

 

  • A 5% fall in GDP is projected for 2020-21 
  • It will be deeper compared to all recessions India has ever experienced.

 

Goldman Sachs on Sunday said in the June quarter, India’s economy may contract by a huge 45%. The projected 5% fall in the gross domestic product (GDP) for 2020-21 will be deeper compared to all ‘recession....


Tags : Indian Economy, Economy of India, India GDP, Indian Economic Growth, COVID - 19, Corona virus Pandemic, ,
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