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GDP contracts 7.3% in FY21, Q4 sees 1.6% growth; focus shifts to second wave's impact
Writer Admin

 

India recorded a 1.6% growth in fourth quarter of 2020-21 fiscal indicating that an economic recovery was well underway before the second wave of the virus struck.

The economy contracted by 7.3% for the entire year, better than what the second advance estimates had predicted. The growth in 2019-20 was 4%.

 

인도는 코로나19 2차 유행 전인 2020년 4분기 1.6%의 성장률을 기록했으나 코로나 2차유행 후 2021년 GDP 성장률은 7.3% 감소한 것으로 나타남.

Read More: https://economictimes.indiatimes.com/news/economy/indicators/gdp-contracts-7-3-in-fy21-as-q4-sees-1-6-growth-focus-shifts-to-second-waves-impact-on-q1/articleshow/83114362.cms