News Journals

GDP Grows 5.4% In December Quarter, Lower Than 8.4% In Previous Quarter


GDP progress stood at 5.4 per cent in December quarter of present fiscal

India’s gross home product (GDP) grew by 5.4 per cent within the December quarter of the present fiscal (2021-22), decrease than 8.4 per cent progress seen within the September quarter. Nevertheless, it’s a lot greater than 0.5 per cent progress which was witnessed within the corresponding interval (October-December) of the earlier fiscal (2020-21).

Within the first quarter of the present fiscal, the financial progress had been a stupendous 20.1 per cent.

The expansion within the October-December quarter is decrease than the earlier quarter (July-September) principally as a result of fall in progress in sectors like agriculture, mining and manufacturing through the interval below evaluate.

Nevertheless that is the fifth consecutive quarter when there was a constructive progress in GDP.