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

According to the National Statistical Office, GDP in 2020-21 was at Rs 135.1 lakh cr as against a revised estimate of Rs 145.7 lakh cr

The growth in India's real GDP during 2020-21 is estimated at -8 per cent as compared to the growth rate of 4.0 per cent in 2019-20, said government on Friday as part of its second advance estimates of the economic growth. The government had projected a GDP contraction of 7.7 per cent in its first advance estimate. Real GDP or GDP at Constant Prices (2011-12) in the year 2020-21 is likely to attain a level of Rs 134.09 trillion, as against the First Revised Estimate of GDP for the year 2019-20 of Rs 145.66 trillion, according to the data released on Feb 26, 2021. The per capita income in r...

Read more about Top headlines: Q3 GDP growth at 0.4%, EC announces poll dates for 5 states on Business Standard. Business Standard brings you top news of the evening

Indian Economy Rebounds From COVID Contractions, GDP Grows At 0.4 Per Cent In Third Quarter Of FY21 GDP (Representative Image) In the first signs of an incipient recovery for its pandemic battered economy, India's gross domestic product (GDP) growth for the third quarter (Q3) ending December 2020 stood at 0.4 per cent as against contraction of 23.9 per cent and 7.5 per cent in the first and second quarters ending June and September 2020 respectively. GDP at constant prices (2011-12) in Q3 of 2020-21 is estimated at Rs 36.22 lakh crore against Rs 36.08 lakh crore in Q3 of 2019-20. Real GDP in ...