Small positive growth may not be ruled out in FY21, says Rangarajan

The Indian economy was in a troubled state when the pandemic hit the world. Before COVID-19 crisis hit India, the economy was already decelerating, real GDP growth had moderated from 7.0 per cent in 2017-18 to 6.1 per cent in 2018-19 and 4.2 per cent in 2019-20.

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