Ndia’s GDP rows 20.1%, ighest ever

India’s economy at a record 20.1% year-onin April-june quarter, offidata on Tuesday showed, unding from a deep slump year, helped by improved ufacturing in spite of a devting second wave of Covcases. was the biggest growth on rd since India started pubng quarterly statistics in , and was broadly expected nalysts. he gross domestic product P) had contracted 24.4% in ame quarter a year earlier, rding to data released by National Statistical Office O). he government had osed a nationwide lockn at the onset of the Covpandemic last year. his year, the massive second e of the pandemic hit the try in the middle of April, h forced states to impose h restrictions. owever, the economy has not returned to the pre-covid-19 level.

In value terms, the GDP stood at ₹32,38,020 crore in Apriljune 2021-22, lower than ₹35,66,708 crore in the corresponding period of the 2019-20 financial year.

The GDP had shrunk to ₹26,95,421 crore in April-june last year during the nationwide lockdown.

“GDP at Constant (2011-12) Prices in Q1 of 2021-22 is estimated at ₹32.38 lakh crore, as against ₹26.95 lakh crore in Q1 of 2020-21, showing a growth of 20.1% as compared to contraction of 24.4% in Q1 2020-21,” the NSO said in a statement.

With a view to containing the second wave of the pandemic, localised and calibrated lockdowns were imposed during the first quarter of 2021-22, it added.

Restrictions were imposed on the economic activities not deemed essential, as also on the movement of people.

“The lockdown instructions in various states were duly considered by the National Statistical Office. The impact on economic activities and the data collection mechanisms owing to