City
Epaper

GDP growth slips to 3.1 pc in Q4

By ANI | Updated: May 29, 2020 18:30 IST

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.

Open in App

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 )

Tags: Ministry Of Statistics And Programme ImplementationMinistry of statistics & programmeMinistry of statistics and program implementationMinistry of statistics and programme
Open in App

Related Stories

BusinessIndia’s retail inflation rises in June; vegetables key contributor

PoliticsStalin seeks 10,000 MT of wheat, tur dal per month from Centre

PoliticsWhy not pass benefits to people despite negative WPI: Cong asks Centre

BusinessAmid inflation moderation, experts suggest continued vigil on outlook

BusinessRetail inflation in India eases to two-year low at 4.25 pc in May

Business Realted Stories

BusinessInfra Pandit Awards to honour researchers shaping India's infra landscape

BusinessED probes Care Health Insurance over ESOP irregularities, summons to senior advocate withdrawn

BusinessCBDT scanner on Swiss accounts leading to higher tax declarations in revised ITRs

BusinessHDB Financial IPO leaves early investors facing big losses

BusinessBSNL soft launches Quantum 5G FWA