J P Chawla & Co. LLP

Budget Analysis 2020 

The growth of the economy appears to have bottomed out and is expected to pick up in 2020-21. The prospects for Indian economy for the year 2020-21 need to be assessed in the light of emerging global and domestic challenges and opportunities. The economic survey for 2020-21 predicts GDP growth to be in between 6 to 6.5%. The 2019-20 GDP growth has been at minuscule 5%. 

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