The Indian economy grew by 5.4% in the October-December quarter of 2021-22, official data released on Monday showed, lower than the two previous quarters of the fiscal year.
The report presented in the parliament by Finance Minister Nirmala Sitharaman noted the challenges arising out of the new COVID-19 variants and uncertainties in the global economy.
India s real GDP to expand 11% in FY22: Brickwork Ratings
The report by domestic rating agency Brickwork Ratings said economic activities are slowly reaching pre-COVID levels following the relaxation of the lockdown, except in sectors that remain affected by social distancing norms
PTI | January 13, 2021 | Updated 11:34 IST
According to the first advance estimates of national income released by the National Statistical Office (NSO), the country s GDP is estimated to contract by a record 7.7 per cent during the current financial year
The country s real gross domestic product (GDP) is likely to expand by 11 per cent in the next financial year due to a faster economic recovery and on a low base, says a report. The report by domestic rating agency Brickwork Ratings said economic activities are slowly reaching pre-COVID levels following the relaxation of the lockdown, except in sectors that remain affected by social distancing norms.