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Economy returns to growth in Q3 after two quarters of contraction

Growing 0.4 per cent in the October-December quarter of FY21, India's GDP managed to marginally overcome record level contractions that had gripped it over the previous two quarters. But going forward, uncertainties in private consumption and slow growth in manufacturing, key services sectors pushed down FY21's official forecast to an 8 percent contraction.

February 26, 2021 / 10:36 PM IST

Subhayan Chakraborty
first published: Feb 26, 2021 05:46 pm
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