Mint Lite | Dhaka protests, EU airports, farm fires, Japan crisis and others4 min read 27 Oct 2020, 08:57 PM IST
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Finance Minister Nirmala Sitharaman on Tuesday said there were visible signs of revival in the economy but the GDP growth may be in “negative zone or near zero" in the current fiscal. This is primarily because of a 23.9% contraction in the economy between April and June, she added. She said the lockdown imposed from 25 March had put lives before livelihood, but now macroeconomic indicators show signs of revival, she said. The festival season will further spur the economy, rekindling hopes of positive growth in third and fourth quarters, she said. For more updates, here’s Mint Lite.
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