Focus Merit

India’s economy to shrink by 3.7% (means -3.7%) in the fiscal year 2020-21 stated OECD

  • The Organisation for Economic Co-operation and Development (OECD) declared India’s growth at -3.7% for the ongoing fiscal with a rider that growth could decline further to -7.3% in the event of a second COVID-19 outbreak, according to its Economic Outlook (EO) published on 10th June.