India’s economy likely contracted 12% in Q1: Report

The economy had its most exceedingly awful withdrawal on record in FY21 at 7.3 percent as the 2.5 long periods of spontaneous lockdown reported by the middle with simply a four-hour notice had disabled the economy in the principal quarter with a gigantic 23.9 percent constriction, which improved to - 17.5 percent in the subsequent quarter. Lockdowns forced by the states in April and May to cont...