COVID-19 impact: Indian economy to shrink 10.3% in 2020, says IMF

The Indian economy is projected to contract by 10.3 per cent in 2020 owing to the ongoing coronavirus crisis, the International Monetary Fund (IMF) said ...

The Indian economy is projected to contract by 10.3 per cent in 2020 owing to the ongoing coronavirus crisis, the International Monetary Fund (IMF) said on Tuesday. However, the economy is expected to rebound with an impressive 8.8 per cent growth rate in 2021, it added.

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COVID-19 | India

October 20, 2020 5:35 am

Confirmed cases

7,550,273

Confirmed deaths

114,610

Confirmed recoveries

6,663,608