Wed, 08 Jul 2020

GDP growth slips to 3.1 pc in Q4

29 May 2020, 23:27 GMT+10

New Delhi [India], May 29 (ANI): Indian economy grew by 3.1 per cent in the January to March quarter (Q4 FY20) as Covid-19 pandemic weakened consumer demand and private investments, government data showed on Friday.

"In view of the global COVID-19 pandemic and consequent nationwide lockdown measures implemented since March 2020, the data flow from the economic entities has been impacted," said the Ministry of Statistics and Programme Implementation in a statement.

For the full 2019-20 financial year, the headline number came at 4.2 per cent as against 6.1 per cent in 2018-19. (ANI)

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