scorecardresearch
Monday, May 6, 2024
Support Our Journalism
HomeEconomyIndian economy grows by 5.4 pc in Oct-Dec

Indian economy grows by 5.4 pc in Oct-Dec

Follow Us :
Text Size:

New Delhi, Feb 28 (PTI) 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.

The economy had grown by 20.3 per cent in the first quarter of this fiscal due to lower base effect. In the second quarter, the GDP grew by 8.5 per cent.

China’s economy grew by 4 per cent in October-December 2021. PTI KKS MR MR

This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular