For FY 21, real GDP is expected to shrink by 7 to 8.5%, the lowest in India’s history. Given a favourable base effect and rebound in economic activity, real GDP is expected to grow by 8-9% and nominal by 12.5-13.5%. (PTI)
2 min read . 24 Jan 2021
'Our primary expectation from the budget is that it is growth-oriented. The economy needs higher investment to create jobs and employment.'