Following the Corona, GDP fell by 7.5 per cent in the April-June quarter

(PTI) New delhi date. 21

In the first quarter of the current financial year (April-June), India's GDP fell sharply by 7.5 per cent amid the Corona epidemic, according to data released by the National Statistics Office (NSO). The first quarter of this year has seen a sharp decline in GDP due to the lockdown announced by the government following Corona.

With the exception of agriculture, all sectors, including manufacturing and construction, have seen a sharp decline. According to NSO data, India's GDP grew by 7.5 per cent in the same period last year. It may be mentioned that the Government of India had announced a nationwide lockdown from March 8 to prevent the transmission of Corona.

The manufacturing sector contracted by 2.4 per cent. The same sector grew by 3 per cent in the same period last year. The construction sector has seen a decline of 20.5 per cent. The same sector grew by 7.5 per cent in the same period last year. The mining sector has seen a decline of 7.5 per cent. The same sector grew by 7.5 per cent in the same period last year.

The NSO said in a statement that based on the base price for 2011-12, GDP in the first quarter of FY2050-71 stood at Rs 2.50 lakh crore. 2.4 lakh crore in the same period last year. Which represents a decrease of 7.5 per cent. GDP grew by 7.5 per cent in the same period last year.

China's GDP grew by 7.5 per cent in the April-June quarter. The January-March quarter saw a 6.5 per cent decline in GDP.

On the other hand, production of steel, refinery goods and cement declined for the fifth month in a row. In July, output in the eight core sectors declined by 7.5 per cent.

According to data released by the Ministry of Commerce and Industry, the output of the eight-core sector grew by 7.5 per cent in July 2017.

Apart from fertilizers, seven sectors - coal, crude oil, natural gas, refinery goods, steel, cement and electricity - saw a decline in production. In July, 2020, fertilizer production grew by 4.5 per cent.