India’s GDP grows by 5.4% in October-December quarter of 2021-22

Feb 28, 2022
India’s GDP grows by 5.4% in October-December quarter of 2021-22

The Indian GDP had expanded by 0.7 per cent within the corresponding quarter of the earlier monetary yr.

Indian economic system grew by 5.4 per cent within the October-December quarter of 2021-22, official information launched on Monday confirmed.

The gross home product (GDP) had expanded by 0.7 per cent within the corresponding interval of 2020-21, in line with the info launched by the Nationwide Statistical Workplace (NSO).

In its second advance estimates of nationwide accounts, the NSO has projected 8.9 per cent progress in 2021-22.

In its first advance estimates launched in January, it had projected 9.2 per cent progress for 2021-22 as in opposition to a contraction of 6.6 per cent in 2020-21.

The economic system had grown by 20.3 per cent within the first quarter of this fiscal attributable to decrease base impact. Within the second quarter, the GDP grew by 8.5 per cent.

China’s economic system grew by 4 per cent in October-December 2021.


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