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Indian Economy To See Record Contraction In 2020-21 Before Sharp Recovery: S&P

Indian Economy To See Record Contraction In 2020-21 Before Sharp Recovery: S&P
The Indian economy will experience a record contraction in the fiscal year to March 2021 on account of the global COVID-19 pandemic but real GDP will recover significantly in FY22, rating agency Standard and Poor's said on Friday.
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