India’s GDP grows by 5.4% in December quarter

Mumbai 28/2:Indian economy grew by 5.4 per cent in the October-December quarter of 2021-22, official data released on Monday showed.

 

 

The gross domestic product (GDP) had expanded by 0.7 per cent in the corresponding period of 2020-21, according to the data released by the National Statistical Office (NSO).

 

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

 

In its first advance estimates released in January, it had projected 9.2 per cent growth for 2021-22 as against a contraction of 6.6 per cent in 2020-21.