India saw a shrink of - 23.9% growth simply means that the total value of all goods and services fell by that proportion as compared the same three-month period last year.

India was the worst-performing economies in the G20 nations.

Gigantic drop in Consumption: A drop of ₹5,31,803 crore in private consumption which is 27 per cent (compared to the same period last year) has been the key driver behind India's economic contraction.

Investment crash: The country with high-risk levels: stated by credit rating agencies. Private sector investment falling by ₹ 5,33,003 crore follows closely behind, with the two components collectively accounting for 88 per cent of the total GDP shrinkage.

Worst fiscal Policies: Indian Govt. failed miserably to manage the adequate balance between govt. expenditures and revenue. GST Frauds & lack of right allocation to tax revenues created an opaque economic scenario.

Increase in Unemployment: With the increase in Job losses & broken business productions, people are burdened with diminishing personal cash flows, this, in turn, encouraged common people to save more than consuming or investing it.

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