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GDP Data Along Expected Lines, India Witnessing V-Shaped Recovery: Chief Economic Adviser

CEA K Subramanian said the first quarter GDP numbers are along expected lines
CEA K Subramanian said the first quarter GDP numbers are along expected lines
Chief Economic Adviser K Subramanian on Monday said that the 23.9 per cent contraction in the country's gross domestic product (GDP) in the first quarter of 2020-21, is on expected lines due to the coronavirus-induced lockdown. "India was in a lockdown all through April to June quarter with majority of  economic activities being restricted. So this trend is along expected lines," he said in a statement.
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