India's GDP Growth Expands 20.1% in First Quarter of 2021-22

The gross domestic product (GDP) had contracted by 24.4 per cent in the corresponding April-June quarter of 2020-21, according to data released by the National Statistical Office (NSO).

GDP (Photo Credits: IANS)

New Delhi, August 31: India's economy grew by 20.1 per cent in the first quarter of 2021-22, helped by a low base of the year-ago period, official data showed on Tuesday.

The gross domestic product (GDP) had contracted by 24.4 per cent in the corresponding April-June quarter of 2020-21, according to data released by the National Statistical Office (NSO). India's GDP Grows 20.1% in First Quarter of Financial Year 2021-22.

The government had imposed a nationwide lockdown at the onset of the COVID-19 pandemic last year. China has recorded a growth of 7.9 per cent in the April-June period of 2021.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

Share Now

Share Now