Categories: Economy

NSO expects Indian economy to contract by 8% in 2020-21

The GDP growth of India during 2020-21 is estimated to contract 8 per cent, as per the second advanced estimates projected by the National Statistical Office (NSO). This was 4.9 per cent in 2019-20. NSO had projected a GDP contraction of 7.7 percent in its first advance estimate.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.