Index of Industrial Production, June 2021:The manufacturing sector, which comprises 77.63 per cent of the index of industrial production, grew 13 per cent last month
Index of Industrial Production, April 2021: The indices for the mining, manufacturing, and electricity sectors for April 2021 stand at108.0, 125.1, and 174.0, respectively.
According to Department of Economic Affairs, the higher economic growth during the fourth quarter may be linked to the unlocking phase and revival in business that was underway during the period.
Workers working inside a factory during the first phase of unlock in Delhi. (Representative image)
NEW DELHI: India s gross domestic product (GDP) for the fourth quarter (Q4) ended March 31, 2021 stood at 1.6 per cent, government data released on Monday showed.
GDP had grown by 3 per cent in the January-March quarter in the previous year. Real GDP at constant (2011-12) prices in the year 2020-21 is now estimated to attain a level of Rs 135.13 lakh crore, as against the first revised estimate of GDP for the year 2019-20 of Rs 145.69 lakh crore, released on January 29, 2021, data released by ministry of statistics and programme implementation showed.
The fourth quarter of 2020-21 recorded a growth of 1.6% in GDP, the second quarter of positive growth, after the country had entered a technical recession in the first half of the year.