Real GDP growth for 2021 projected at minus 7.5%, says RBI Governor Shaktikanta Das

The RBI on Friday said that real GDP growth for 2020-21 was projected as being -7.5%.

“The real GDP growth for 2021 is projected at minus 7.5%. The recovery in rural demand is expected to strengthen further while urban demand is also gaining momentum,” said RBI Governor Shaktikanta Das.

Further details awaited.