NEW DELHI: India’s GDP shrank by the steepest ever 23.9 per cent in the April-June period as the coronavirus lockdowns battered an already slowing economy, official data showed on Monday.
Agriculture was the only outlier as all other sectors, including manufacturing, construction and services, suffered steep declines.
India’s economy had grown by 5.2 per cent in the same quarter of last fiscal, as per the data released by the National Statistical Office (NSO).
The Government had imposed a nationwide lockdown from March 25, 2020 to curb the spread of COVID-19 infections which adversely impacted all sectors of the economy. (AGENCIES)
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