As per the provisional estimates released in May 2021, the GDP had contracted by 7.3% in 2020-21

India’s GDP may grow 9.2% in FY22: First advance estimates; India’s GDP likely to grow 9.2% in FY22: First advance estimates

FY22 GDP estimate on expected lines, but there can be a downward bias; GDP grows at 8.4% in Q2; India maintains status as fastest growing economy

Indian economy to grow 9.2% in FY22, fastest in world :Govt data

New Delhi, NFAPost: Indian economy contracted by 6.6% in 2020-21 on account of outbreak of COVID-19 and subsequent nationwide lockdown to contain the pandemic.

As per the provisional estimates released in May 2021, the GDP had contracted by 7.3% in 2020-21.

“Real GDP or GDP at constant (2011-12) prices for the years 2020-21 and 2019-20 stands at Rs 135.58 lakh crore and Rs 145.16 lakh crore, respectively, showing a contraction of 6.6% during 2020-21 as compared to growth of 3.7% during 2019-20,” National Statistical Office said in the revised national account data released on Monday.

Previous articleTata Steel To Buy Govt Stake In Neelachal Ispat For Rs 12,100 Crore
Next articleApple Allows Developers To Distribute Unlisted Apps On App Store

LEAVE A REPLY

Please enter your comment!
Please enter your name here