Insta
India's GDP Expanded 8.4 Per Cent In July-September Quarter
GDP
India's gross domestic product (GDP) expanded by 8.4 per cent in the second quarter of 2021-22 amid gradual reopening of contact-intensive services, official data showed on Tuesday (30 November).
The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy had contracted by 24.4 per cent in April-June last year.
The gross domestic product (GDP) had contracted by 7.4 per cent in the corresponding July-September quarter of 2020-21, according to data released by the National Statistical Office (NSO).
"GDP at Constant (2011-12) Prices in Q2 2021-22 is estimated at Rs 35.73 lakh crore, as against Rs 32.97 lakh crore in Q2 2020-21, showing a growth of 8.4 percent as compared to 7.4 percent contraction in Q2 2020-21," the Ministry of Statistics and Programme Implementation said in a release on Tuesday.
Meanwhile, GDP at Constant (2011-12) Prices in April-September 2021-22 (H1 2021-22) is estimated at Rs 68.11 lakh crore as against Rs 59.92 lakh crore during the corresponding period of previous year, showing a growth of 13.7 per cent in H1 2021-22 as against a contraction of 15.9 per cent during the same period last year, it said.
(With inputs from PTI)
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