In the midst of the havoc of Corona on Sunday, the World Bank has said that India's economic growth rate may fall to a three-decade low in the financial year 2020-21. The World Bank has said that India's GDP growth rate in the financial year 2020-21 can be between 1.5 percent and 2.8 percent. The bank has attributed the huge turmoil in the economy to the turmoil caused by the coronavirus epidemic. The World Bank has said this in its 'South Asia Economic Focus Report'. If the World Bank's estimates are true, then the pace of economic growth of the country will come down to a low level after 1991. The country adopted liberal economic policies in the year 1991.

Amidst the Corona crisis, the World Bank estimates that India's GDP growth rate will be between 4.8 percent and 5 percent in the financial year ended March 31, 2020. The World Bank report states that the Kovid-19 pandemic spread at a time when India's economy was already experiencing lethargy.

For your information, let us tell you that to prevent the coronavirus epidemic, the Indian government has implemented a nationwide lockdown. Under this, factories and all business have been closed. Also, the operation of flights, trains has been stopped. Along with this, restrictions have also been imposed on the movement of people. Apart from this, the World Bank report states that India's financial growth rate will be recorded in a huge decline in the financial year 2020-21 due to lack of domestic supply and demand due to lockdown.

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