GDP growth slips to 3.1 pc in Q4

By ANI | Published: May 29, 2020 06:15 PM2020-05-29T18:15:40+5:302020-05-29T18:30:07+5:30

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.

GDP growth slips to 3.1 pc in Q4 | GDP growth slips to 3.1 pc in Q4

GDP growth slips to 3.1 pc in Q4

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.

( With inputs from ANI )

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