India’s GDP grows 8.4% to Rs35.73 lakh crore in Q2 FY22
01 Dec 2021
India’s national income expanded at a pace of 8.4 per cent in the fiscal second quarter (July-September 2021-22) against a contraction of 7.4 per cent in the year-ago quarter (July-September 2020-21), data released by the ministry of statistics and programme implementation showed.
Gross domestic product (GDP) at constant (2011-12) prices in Q2 2021-22 is estimated at Rs35.73 lakh crore, against Rs32.97 lakh crore in Q2 of 2020-21, showing a growth of 8.4 per cent compared to 7.4 per cent contraction in Q2 of 2020-21.
Gross value addition (GVA) at constant basic (2011-12) prices in Q2 2021-22 is estimated at Rs32.89 lakh crore, against Rs30.32 lakh crore in Q2 of 2020-21, showing a growth of 8.5 per cent.
GDP at current prices in Q2 2021-22 is estimated at Rs55.54 lakh crore, against Rs47.26 lakh crore in Q2 2020-21, showing a growth of 17.5 per cent compared to a 4.4 per cent contraction in Q2 2020-21. GVA at basic current prices in Q2 2021-22 is estimated at Rs49.70 lakh crore, against Rs42.54 lakh crore in Q2 2020-21, showing a growth of 16.8 per cent.
GDP at constant (2011-12) prices in April-September 2021-22 (H1 2021-22) is estimated at Rs68.11 lakh crore against Rs59.92 lakh crore in the corresponding period of the previous fiscal, showing a growth of 13.7 per cent in H1 2021-22 against a contraction of 15.9 per cent during the same period last fiscal.
GDP at current prices in H1 2021-22 is estimated at Rs106.77 lakh crore against Rs86.15 lakh crore in the corresponding period of the previous financial year, showing a growth of 23.9 per cent in H1 2021-22 against a contraction of 13.4 per cent during the same period last fiscal.