India s economy is estimated to clock a real GDP growth of 8.9 per cent in FY22 down from the earlier estimate of 9.2 per cent, official data showed on Monday.In 2020-21, India s economy had contracted by 6.6 per cent.On Monday, the Second .
India s economy is estimated to clock a real GDP growth of 8.9 per cent in FY22 down from the earlier estimate of 9.2 per cent, official data showed on Monday.
Commodity cost pressure, as well as high base effect, subdued India s Q3FY22 GDP growth rate on a sequential basis, thereby, lowering the 2021-22 growth forecast to 8.9 per cent.
Indian economy to grow 9 2% in FY22, fastest in world: Govt theindianawaaz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindianawaaz.com Daily Mail and Mail on Sunday newspapers.
India’s GDP may contract 7.7% in FY21: Govt data
The first advance estimates of growth released by the government indicate that the GDP is likely to contract 7.7 per cent in the current fiscal year. The 7.7 per cent contraction is a big blow to the economy when compared with the 4.2 per cent growth recorded in 2019-20.
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India s GDP is expected to contract 7.7 per cent in 2020-21. (Photo: Reuters)
The first advance estimates of economic growth released by the government show that the economy is likely to contract 7.7 per cent in the current fiscal year. The 7.7 per cent contraction is a big blow to the economy when compared with the 4.2 per cent growth recorded in 2019-20.