Deep recession, GDP to contract 5 per cent in FY21 warns Icra

Deep recession, GDP to contract 5 per cent in FY21 warns Icra

May 21, 2020
New Delhi, May 21: Domestic rating agency Icra warned of a deep recession as it drastically lowered the FY21 growth forecast for India to minus 5 per cent, citing the very modest fiscal support, extension of the nationwide lockdown and looming

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