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India to witness growth in economy from second quarter of FY 21

Shortpedia

Content Team
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According to a report by Ernst&Young, India is likely to witness its worst growth in the first quarter of the current financial year due to the coronavirus pandemic. However, the report suggests that the economy will start to show growth from the second quarter. “High-frequency indicators for India are giving positive signals after the first two months of the pandemic,” the consultancy firm said in its report.