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GDP contracts by 7 3% in 2020-21

Image by Mango Matter from Pixabay For the financial year 2020-21, GDP growth was at -7.3% as compared to 4 percent in 2019-20, stated government data. The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20, according to data released by the National Statistical Office (NSO). Meanwhile, India s economy grew by 1.6 per cent in the fourth quarter of 2020-21, official data showed on Monday. The fourth quarter growth was better than the 0.5 per cent expansion in the previous October-December quarter of 2020-21. The NSO had projected a GDP contraction of 7.7 per cent in 2020-21 in its first advance estimates of national accounts released in January this year.

Ministry of statistics programme implementationNational statistical officeGross domestic productஅமைச்சகம் ஆஃப் புள்ளிவிவரங்கள் ப்ரோக்ராம் செயல்படுத்தல்தேசிய புள்ளிவிவர அலுவலகம்மொத்த உள்நாட்டு ப்ராடக்ட்

India s economy contracts -7 3% in fiscal 2021, worst pace in over 4 decades

During the first quarter of 2020-21, India's GDP had shrunk by 24.38 per cent, hit mainly by the Covid-19 pandemic.

Ministry of statistics programme implementationCentral statistics officeGross domestic productFirst revised estimateProgramme implementationReserve bankIndia economyFy21 gdp growth rateIndia economic growthEconomic growth projectionGdp newsIndia gdp newsGdp march quarterFy21 gdp newsGdp dataGdp data amid coronavirus

Double trouble of stagflation looms large- The New Indian Express

Double trouble of stagflation looms large However, with the pandemic rearing its head again and our vaccination drive faltering, stagflation is indeed a real threat. Share Via Email | A+A A- EXPRESS ILLUSTRATION Monday opened with double trouble. Data released by the Ministry of Statistics & Programme Implementation showed that retail inflation, measured by the Consumer Price Index (CPI), advanced to 5.52% for March from 5.03% in February. Simultaneously, factory output, reflected in the Index of Industrial Production (IIP), contracted by 3.6% for February compared to a year ago, falling to 129.4. This is a big fall considering IIP had grown 5.2% in the corresponding month of February 2020. For the 11 months of FY2021, the industrial sector has contracted 11.3%, as compared to the marginal growth of 1% registered for the corresponding period of FY2020.

Ministry of statistics programme implementationProgramme implementationConsumer price indexIndustrial productionஅமைச்சகம் ஆஃப் புள்ளிவிவரங்கள் ப்ரோக்ராம் செயல்படுத்தல்ப்ரோக்ராம் செயல்படுத்தல்நுகர்வோர் ப்ரைஸ் குறியீட்டுதொழில்துறை ப்ரொடக்ஶந்

Industrial Production Slides 3 57% In February On Annual Basis

Industrial Production Slides 3 57% In February On Annual Basis
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Ministry of statistics programme implementationProgramme implementationIndustrial productionUse based indexQuick estimatesCapital marketஅமைச்சகம் ஆஃப் புள்ளிவிவரங்கள் ப்ரோக்ராம் செயல்படுத்தல்ப்ரோக்ராம் செயல்படுத்தல்தொழில்துறை ப்ரொடக்ஶந்விரைவான மதிப்பீடுகள்மூலதனம் சந்தை

India s e-commerce policy calls for equal treatment with sellers

India s e-commerce policy calls for equal treatment with sellers
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Societe generaleRadhika raoKunal kunduWalmart flipkartMinistry of statistics programme implementationDbs bankReliance industriesConsumer price indexசமூகம் ஜெநர்யால்ராதிகா ராவ்குணால் குண்டுவால்மார்ட் பிளிப்கார்ட்அமைச்சகம் ஆஃப் புள்ளிவிவரங்கள் ப்ரோக்ராம் செயல்படுத்தல்டிப்ஸ வங்கிநம்பகத்தன்மை தொழில்கள்நுகர்வோர் ப்ரைஸ் குறியீட்டு