ECONOMIC GROWTH CLOSER TO UK’S

India's economy, along with that of the UK, grew over 20 per cent in the first quarter (Q1) of 2021-22 (FY22) on a low base. UK'S GDP rose higher at 22.2 per cent against India's 20.1 per cent. Many major economies of the world are way behind. Out of those, only Russia had a doubledigit growth in this period. Each country uses its own way of measuring GDP, and hence these are not strictly comparable. Only India, China, and Russia's economic growth rates could be compared as these are on a yearon-year basis.