GDP growth rate for 2019-20 revised downwards to 4%

Representative Image. Credit: iStockPhoto

The government on Friday revised downwards the economic growth rate for 2019-20 to 4 per cent from 4.2 per cent estimated earlier.

"Real GDP or GDP at constant (2011-12) prices for the years 2019-20 and 2018-19 stands at Rs 145.69 lakh crore and Rs 140.03 lakh crore, respectively, showing growth of 4.0 per cent during 2019-20 and 6.5 per cent during 2018-19," National Statistical Office said in revised national account data released on Friday.

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