TNPSC Thervupettagam

India’s GDP growth in Q1 FY22

September 3 , 2021 1130 days 802 0
  • According to the data of Ministry of Statistics & Programme Implementation, economic growth of India accelerated to a record high in the quarter through June 2021.
  • As per data, the Gross domestic product has increased to 20.1% in the three-month period as compared to contraction of 24.4% in the same quarter in 2020.
  • This is India’s fastest growth since the quarterly data started being released.
  • This growth is bit lower than the projection of Reserve Bank of India (21.4%).

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