Economy Contracted By 6.6% In 2020-21: NSO

INSUBCONTINENT EXCLUSIVE:
Economy had contracted by 6.6 per cent in 2020-21, says NSONew Delhi: Economy had contracted by 6.6 per cent in 2020-21 due to the outbreak
of the Coronavirus pandemic and the subsequent national lockdown which was imposed to contain the infection.As per the provisional estimates
and 2019-20 stands at Rs 135.58 lakh crore and Rs 145.16 lakh crore, respectively, showing a contraction of 6.6 per cent during 2020-21 as
Monday.It has also revised downward the real GDP growth number for 2019-20 to 3.7 per cent as against the earlier estimate of 4 per
cent."Real GDP or GDP at constant (2011-12) prices for the years 2020-21 and 2019-20 stands at Rs 135.58 lakh crore and Rs 145.16 lakh
crore, respectively, showing a contraction of 6.6 per cent during 2020-21 as compared to growth of 3.7 per cent during 2019-20," the NSO
said.