Focus Merit

As per the SBI Ecowrap Report, India’s Real GDP likely to contract by 10.9% in FY21

  • The State Bank of India’s (SBI) Ecowrap report estimated that the real Gross domestic Product(GDP) for FY21 is expected to shrink by around 10.9%(-10.9%), a decline of full year growth, against its earlier estimate of 6.8%.