State's economic growth is expected to be -8% this fiscal | Editorji
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FM: Indian economy to do better than -8% prediction

Mar 06, 2021 17:47 IST | By Editorji News Desk

Finance Minister Nirmala Sitharaman said the Indian economy is likely to do better than the projection of an 8 per cent shrinkage in the current fiscal as economic activity gathers pace with mild stiffening of pandemic curve and the rollout of vaccines. The Department of Economic Affairs had in its monthly report said the economic growth is expected to be -8% this fiscal as the industry and services sector have felt the pressure of the slowdown the most with demand contraction due to the pandemic.

Economy