Indian Economy grew by 8.4% in July-September 2021-22(2nd Quarter)

Tags: Economics/Business

The National Statistics Office, under the  Ministry of Statistics and Programme Implementation has released the economic data regarding the second quarter (July-September) of  2021-22.

Highlights  

• The Gross Domestic Product( GDP)at constant price grew by 8.4 % as compared to the same period last financial year.
• The Gross Domestic Product( GDP) at constant price  is estimated at ₹35.73 lakh crore, as against ₹32.97 lakh crore in Q2, 2020-21.
• The  Quarterly  Gross Value Addition (GVA) at Basic Prices at Constant (2011-12) Prices in Q2 2021-22 is estimated at ₹32.89 lakh. crore, as against ₹30.32 lakh crore in Q2 2020-21, showing a growth of 8.5 percent.
• In the first  quarter (April to June )2021,the GDP growth rate was 20.1%.
• The growth rate in the first six month of the current financial year is 13.7 % .