With this decline, the Government of India has also achieved the distinction of being the country with the biggest economic decline among all major economies of the world.
According to the latest data released on Saturday, India's economic growth declined dramatically, by 22.8% in the April-June quarter as compared to the same quarter last year, after eight quarters, i.e. two years. The contraction was 23.9% as compared to the previous January-March quarter. With this decline, the Government of India has also achieved the distinction of being the country with the biggest economic decline among all major economies of the world.