Government To Release 2021-22 GDP Data Tomorrow Amid High Inflation, Geo-Political Tensions
NDTV
Government will release the GDP growth data for the March quarter of 2021-22 as well as for the complete fiscal tomorrow on May 31, 2022
Government will release the gross domestic product (GDP) growth data for the March quarter of 2021-22 as well as for the complete fiscal tomorrow on May 31, 2022.
Amid sky rocketing inflation as rising fuel prices and soaring edible oil rates have burnt a hole in the common man's daily budget, the growing geo-political tensions triggered by the Russia-Ukraine war have threatened to derail economies the world over and are expected to impact India's growth story too.
The Ministry of Statistics and Programme Implementation (MoSPI), which releases GDP data, had estimated that economy will grow at 8.9 per cent in 2021-22 compared to a contraction of 6.6 per cent seen in 2020-21.
The Reserve Bank of India (RBI) has projected 9.5 per cent of GDP growth for 2021-22 and kept March quarter growth at 6.1 per cent.
