India's GDP may grow 9.2% in FY22: First advance estimates
India's economy is expected to grow up to 9.2 per cent in the financial year 2021-22, ending March 2022, as against 7.3% contraction in FY21, according to first advance estimates released by the government on Friday. This is below the 9.5 per cent projection by both RBI and IMF.
"Real GDP or GDP at Constant Prices (2011-12) in the year 2021-22 is estimated at Rs 147.54 lakh crore, as against the Provisional Estimate of GDP for the year 2020-21 of Rs 135.13 lakh crore, released on 31st May 2021. The