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

Which River is known as the Chocolate River?

Did you know there is a river in the world that looks just like flowing…

8 mins ago

Which City is known as the Banana Capital of India?

Did you know that one city in India is so famous for bananas that it…

10 mins ago

Historic Approval: State Cabinet Clears Landmark Airport Project in Bihar

In a major infrastructure boost, the Bihar cabinet led by Chief Minister Nitish Kumar has…

15 mins ago

India’s Core Sector Growth Slows to 4% in January 2026 & Steel and Cement Shine

India’s eight core industries recorded a 4% growth in January 2026, down from a revised…

45 mins ago

ICICI’s New Swasthya Pension Scheme: A Smart Blend of Retirement Planning and Healthcare Security

ICICI Prudential Pension Fund has launched the Swasthya Pension Scheme under the PFRDA sandbox framework…

1 hour ago

Did you know that one small island became famous across the world because of a…

21 hours ago