India's GDP growth contracted by a record 23.9% in the April-June quarter as the country went into lockdown to curb the spread of the coronavirus, official figures showed on Monday. This is the first contraction since India began releasing GDP growth data on a quarterly basis in 1997-98. India's GDP grew by 3.1% in the January-March quarter.
India's GDP growth contracted by a record 23.9% in the April-June quarter as the country went into lockdown to curb the spread of the coronavirus, official figures showed on Monday. This is the first contraction since India began releasing GDP growth data on a quarterly basis in 1997-98. India's GDP grew by 3.1% in the January-March quarter.