RBI projects 7.5 percent shrinking of Indian economy

The Reserve Bank of India (RBI) today revised upward its projection of the country’s real GDP growth after being hit by coronavirus and lockdown, saying it sees the economy contracting by 7.5 percent from an earlier estimation of a 9.5 percent contraction.

“The real GDP growth for FY21 is projected at -7.5 percent vs -9.5 percent projected earlier, and the second half of the current financial year (April 2020 to March 2021) is expected to show positive GDP growth,” RBI Governor Shaktikanta Das told a virtual media briefing.

সম্পূর্ণ সংবাদ টি পড়ুন

সূত্র: ডেইলি ষ্টার

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