top of page

econTODAY

Public·194 Readers

Real GDP has strongly bounced back in the first quarter of the Financial Year (FY) 2021-22 with a growth rate of 20.1% as against the contraction of 24.4% witnessed in the Q1 of FY 2020-21. However, this number must not be confused with a strong recovery because of a low base effect. Economists said the base effect masked the impact of the second wave of the pandemic and the cost of Covid-19, calling for more fiscal and monetary support for the economy.



Is this data projecting to a V-shaped recovery?


Read more at 👇

https://m.economictimes.com/news/economy/indicators/indias-gdp-grows-at-20-1-in-first-quarter-of-fy22/amp_articleshow/85798483.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst&__twitter_impression=true




  • Vinayakan
    Naveen Hari
    Alan Seemon
    Kannan P R

    About

    Welcome to the Economy Today Community!

    bottom of page