The Indian economy grew 0.4% in the last quarter of 2020 over one year, ending its first recession since independence, according to official data released on Friday, easing restrictions to fight Covid- 19 that allowed a modest recovery.
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New Delhi has struggled to regain ground after a harsh multi-month lockdown that caused the labor market to collapse and the economy to contract by nearly a quarter between April and June. The country entered a “
technical recession
” last year for the first time since independence in 1947, after experiencing two successive quarters of contraction.
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