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Indian economy to see sharp V-shaped recovery in Q3, Q4: N.K. Singh
NEW DELHI, JULY 27, 2020 22:01 IST
UPDATED: JULY 27, 2020 22:06 IST
N.K. Singh, Chairman, 15th Finance Commission. File photo. | Photo Credit: Bijoy Ghosh
India’s economic growth stood at an estimated 4.2% in 2019-20
India will see a sharp V-shaped recovery in the third and fourth quarters of the current fiscal, but FY21 GDP growth would ultimately be in negative territory as the coronavirus lockdown led to serious demand and supply dislocations, 15th Finance Commission Chairman N.K. Singh said on Monday.
NEW DELHI, JULY 27, 2020 22:01 IST
UPDATED: JULY 27, 2020 22:06 IST
N.K. Singh, Chairman, 15th Finance Commission. File photo. | Photo Credit: Bijoy Ghosh
India’s economic growth stood at an estimated 4.2% in 2019-20
India will see a sharp V-shaped recovery in the third and fourth quarters of the current fiscal, but FY21 GDP growth would ultimately be in negative territory as the coronavirus lockdown led to serious demand and supply dislocations, 15th Finance Commission Chairman N.K. Singh said on Monday.
