![Economic rebound could follow India’s steepest GDP fall](https://images.assettype.com/fortuneindia%2F2021-01%2F593a99d6-aa5d-4d28-871d-0e7885cc1bca%2FGDP.jpg?w=300&q=95)
India’s GDP fall could be steep. But hope persists
As per National Statistical Office data, India's GDP may contract by 7.7% this fiscal year, worst since 1951-1952. The World Bank paints an even bleaker picture. But hope for recovery still abounds.