Economic growth may drop to 1.1% in FY21, says SBI report
Nitin Yadav
India’s GDP growth may fall to 1.1 percent in the current financial year, on account of the impact of COVID-19 outbreak on the economy, a research report by SBI.
The economic growth rate during 2019-20 is expected to come down to 4.1 percentfrom 5 percent projected by several agencies before the outbreak COVID-19.