GDP
Modi govt ignored the warnings: Rahul Gandhi on reduction in GDP by 24 per cent in Q1 of 2020-21
New Delhi/UNI: Attacking the BJP government at the Centre on the nearly 24 percent reduction in the GDP for the first quarter of 2020-21, Congress leader Rahul Gandhi on Monday said that the government ignored the warnings given by him in March this year.
'GDP reduces by 24 per cent. The worst in Independent India's history. Unfortunately, the Govt ignored the warnings,' Rahul said in a tweet.
As per the data released by the National Statistical Office (NSO), India’s Gross Domestic Product (GDP) for the April-June quarter (Q1) slipped by a sharp 23.9 per cent.
This is the worst contraction of the GDP in the history of the Indian economy since Independence.
The data released by NSO, which comes under the Ministry of Statistics and Programme Implementation (MoSPI), provides the first benchmark on the state of India’s economy after the pandemic.
The June quarter GDP data is the worst contraction in the history of the Indian economy since Independence.
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