New Delhi [India], January 7 (ANI): India's Gross Domestic Product (GDP) is estimated to grow by 9.2 per cent in 2021-22 as against a contraction of 7.3 per cent recorded in the previous year, the government data showed on Friday.

GDP at Constant Prices (2011-12) in the year 2021-22 is estimated at Rs 147.54 lakh crore, as against the Provisional Estimate of GDP for the year 2020-21 of Rs 135.13 lakh crore, according to data released by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation.

Also Read | 7th Pay Commission: Dearness Allowance Payable to Central Government Employees Put in Abeyance? Here is a Fact Check.

The growth in nominal GDP during 2021-22 is estimated at 17.6 per cent. Nominal GVA at Basic Prices is estimated at Rs 210.37 lakh crore in 2021-22, as against Rs 179.15 lakh crore in 2020-21, showing a growth of 17.4 percent.

Nominal GDP or GDP at Current Prices in the year 2021-22 is estimated at Rs 232.15 lakh crore, as against the Provisional Estimate of GDP for the year 2020-21 of Rs 197.46 lakh crore, released on May 31, 2021. (ANI)

Also Read | Shamita Shetty Style File: 7 Looks of Bigg Boss 15 Star That Reflect Her Chic Fashion!.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)