India's GDP growth slips to 3.1% in January-March quarter

WION Web Team New Delhi May 29, 2020, 06.19 PM(IST)

File photo Photograph:( Zee News Network )

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The government had imposed a lockdown on March 25, however, slow business growth in January-March quarter had impacted the Indian economy.

India's economy grew 3.1 per cent in the January-March quarter of 2019-20 as against 5.7 per cent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO).

In 2019-20, the Indian economy had grown by 4.2 per cent against 6.1 per cent in 2018-19, the government statistical body said.

The government had imposed a lockdown on March 25, however, slow business growth in the January-March quarter had impacted the Indian economy.

India's annual growth hit an 11-year low at 4.2 per cent as a fallout of the coronavirus epidemic. 

China's economy had shrunk by 6.8 per cent in January-March 2020 due to the impact of coronavirus pandemic.