Categories: Economy

NSO projects GDP growth for India in 2021-22 at 8.9%

National Statistical Office (NSO) has released the second advance estimates of national accounts. The GDP growth rate projection as per NSO for 2021-22 (FY22) and 2020-21 (FY21) is given below:

  • For 2021-22 (FY22)= 8.9% (earlier it was 9.2% in first advance estimates)
  • For 2020-21 (FY21)= -6.6% (earlier it was -7.3%)

According to NSO data, Gross Value Added (GVA) growth in the manufacturing sector growth remained almost flat at 0.2 per cent in the third quarter of 2021-22, compared to a growth of 8.4 per cent a year ago.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

President Murmu Addresses Global Conference on Women in Agri-Food Systems

The Honorable President of India Droupadi Murmu has addressed the inaugural session of the Global…

50 mins ago

Cricketers Javon Searles, Griffith and Rathod Suspended Over Bim10 Scandal

International cricketers Javon Searles, Trevon Griffith, and Chitranjan Rathod have been provisionally suspended in connection…

50 mins ago

Which Country is the Largest Producer of LPG?

Did you know that Liquefied Petroleum Gas (LPG) is one of the most widely used…

1 hour ago

GK Quiz on LPG: Can You Answer These Interesting Questions About Liquefied Petroleum Gas?

Did you know that many homes around the world use a special fuel for cooking…

2 hours ago

Supreme Court on OBC Creamy Layer: Income Alone Cannot Decide Reservation Eligibility

The Supreme Court of India has delivered an important judgment regarding the “creamy layer” exclusion…

3 hours ago

PM Kisan 22nd Installment Released: ₹2,000 Credited to Farmers’ Accounts

The 22nd installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme has been released,…

3 hours ago