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HomeEconomyIndia's GDP grows by 20.1% in April-June quarter after Covid slump

India’s GDP grows by 20.1% in April-June quarter after Covid slump

The country's gross domestic product (GDP) had contracted by 24.4% in the corresponding April-June quarter of 2020-21.

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New Delhi: 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).

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.


Also read: India sees fastest growth this year among world’s major economies. This is what’s driving it


 

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