India's GDP Rises by 0.4%, in 3rd Quarter
According to Govt. data India experienced a slow GDP growth rate of 0.4% in the 3rd Quarter of October to December 2020. We had experienced contraction i.e. negative growth rate in our GDP in two consecutive Quarters i.e. 1st and 2nd Quarter.
This evident from the data released by the Ministry of Statistics and Programme Implementation. In the corresponding period of FY 2019-20 our GDP had a growth rate of 3.3% , according to the National Statistical Organisation (NSO).
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