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Indian Economy

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Indian economy – is it recovering?

Published On 09 Jan 2020 02:01 PM


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The Narendra Modi government had estimated the gross domestic product (GDP) growth rate to be 7% for 2019-20. It was when the Economic Survey was presented in Parliament in July 2019. 

The estimates by the government were lowered to 5%, six months later. 

For six consecutive quarters, the GDP growth rate is on a downward spiral. In the September 2019 quarter, it finished at 4.5%. 

The overall advanc....


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