Indias GDP growth accelerates to 20.1% in Q1FY22 on low base

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fairly difficult
The rebound came despite the drag from the deadly second wave of the coronavirus, which forced states across India to reimpose localised lockdowns
Indian economic growth touched a record high in the quarter through June, reflecting a very weak base last year and a rebound in consumer spending, government data showed on Tuesday.

Helped by improved manufacturing in spite of a devastating second wave of Covid cases, gross domestic product rose 20.1% in the three-month period, compared with a record contraction of 24.4% in the same quarter a year earlier.

" at Constant (2011-12) Prices in Q1 of 2021-22 is estimated at Rs 32.38 lakh crore, as against Rs 26.95 lakh crore in Q1 of 2020-21, showing a growth of 20.1 percent as compared to contraction of 24.4% in Q1 2020-21. Quarterly GVA at Basic Price at Constant (2011-12) Prices for Q1 of 2021-22 is estimated at Rs 30.48 lakh crore, as against Rs 25.66 lakh crore in Q1 of 2020-21, showing a growth of 18.8%," said Ministry of Statistics & Programme Implementation in a statement.

and stop mobility completely from late April to early June.

But unlike during the…
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