India's growth may slip below 3% in FY21 if COVID-19 proliferates: KPMG

The KPMG report presented three scenarios to explain the economic effects of COVID--19. In the scenario of quick retraction across globe by April-end to mid-May, the report said "India's growth for 2020-21 may be in the range of 5.3 to 5.7 per cent, though this scenario looks distant at this moment".

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