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What to look for in the Q1 GDP numbers

RBI predicts growth in April-June 2021 will be 21.4 per cent after a contraction of 24.4 per cent in April-June 2020. That means GDP will still be lower than it was two years ago

August 31, 2021 / 11:42 PM IST
What to look for in the Q1 GDP numbers

The GDP data for the April-June 2021 quarter will be out on Tuesday evening. This time, growth at constant prices is likely to be very high compared to a year ago, for the simple reason that GDP contracted in the year ago period (April-June 2020) by a massive 24.4 per cent, due to a stringent nation-wide lockdown. That is why the Reserve Bank of India estimates GDP growth in April-June 2021 to be as high as 21.4 per cent. But...

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