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Union Budget 2021: PM Modi to interact with economists today

Updated: Jan 8, 2021, 06:57 AM IST Prime Minister Narendra Modi will interact with economists and sectoral experts on Friday to mull over measures that could possibly be included in the upcoming budget in the wake of the uncertainty created in the market due to COVID-19. The government think-tank Niti Aayog is organising the meeting virtually and it will be attended by  Niti Aayog Vice Chairman Rajiv Kumar and Niti Aayog CEO Amitabh Kant. The Prime Minister will meet economists on Friday to seek their inputs for the next budget, a government official told PTI on condition of anonymity. Also read This comes as India`s First Advance Estimate of national income on Thursday showed a contraction of 7.7 per cent in real GDP for FY 21. On a year-on-year basis, Asia`s third largest economy had grown by 4.2 per cent in 2019-20.

चालू वित्त वर्ष में भारतीय अर्थव्यवस्था में आ सकती है 7 7% की कमी

चालू वित्त वर्ष में भारतीय अर्थव्यवस्था में आ सकती है 7 7% की कमी
sanjeevnitoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sanjeevnitoday.com Daily Mail and Mail on Sunday newspapers.

Covid Struck: India s FY21 GDP expected to contract by 7 7%

 0 India s First Advance Estimate of national income on Thursday showed a contraction of 7.7 per cent in real GDP for FY 21. On a year-on-year basis, Asia s third largest economy had grown by 4.2 per cent in 2019-20.   Real GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.40 lakh crore, as against the provisional estimate of GDP for the year 2019-20 of Rs 145.66 lakh crore, released on May 31, 2020, the First Advance Estimates of National Income for financial year 2020-21 said.   The growth in real GDP during 2020-21 is estimated at -7.7 per cent as compared to the growth rate of 4.2 per cent in 2019-20, it added.

India s FY21 GDP expected to contract by 7 7% due to COVID-19 pandemic

India's FY21 GDP expected to contract by 7.7% due to COVID-19 pandemic - As per the estimate, real GVA at basic prices is estimated at Rs 123.39 lakh crore in 2020-21, as against Rs 133.01 lakh crore in 2019-20.

COVID-struck India s FY21 GDP may contract by 7 7%

COVID-struck India s FY21 GDP may contract by 7.7% India’s first advance estimate of national income on Thursday showed a contraction of 7.7 per cent in real GDP for FY 21. On a year-on-year basis, Asia’s third largest economy had grown by 4.2 per cent in 2019-20.   |  8 Jan 2021 8:03 AM GMT NEW DELHI: India s first advance estimate of national income on Thursday showed a contraction of 7.7 per cent in real GDP for FY 21. On a year-on-year basis, Asia s third largest economy had grown by 4.2 per cent in 2019-20. Real GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.40 lakh crore, as against the provisional estimate of GDP for the year 2019-20 of Rs 145.66 lakh crore, released on May 31, 2020, the First Advance Estimates of National Income for financial year 2020-21 said.

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