Q1 2020 GDP

India Q1 2020 GDP, GST Collections & Lockdown: Nothing Adds Up

The Indian Government finally announced Q1 2020 GDP figures. Everybody has been crying hoarse about the -23.9% contraction. The catastrophic impact of the stringent COVID-19 lockdown is being touted as the reason for the dismal economic performance. All the discussions are now centred on the revival of the economy, “green shoots”, “encouraging signals” etc. Everybody […]