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The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy. Notably, India’s economy had already been slowing pre-pandemic, with GDP growth falling from 8.3% in 2016 to 4.0% in 2019, the current pandemic has "magnified pre-existing risks to India's economic outlook".
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