India's GDP will contract by how much percnet in FY21 because of the COVID-19 pandemic, according to BofA Securities?

India's GDP will contract by how much percnet in FY21 because of the C

1.	India's GDP will contract by how much percnet in FY21 because of the COVID-19 pandemic, according to BofA Securities?
Answer» BofA Securities, a foreign brokerage, stated that India's GDP will contract by 3% in FY21 because of the COVID-19 pandemic, assuming the economy is opened up fully from next month. The Indian GDP will contract this fiscal, with some estimates ranging up to 7% negative growth.