GDP data: Why you’ll hear about the best GDP growth today business – Times of India Videos

August 31, 2021, 03:39 PM ISTSource: TOI.in

When the figures come out today, it is expected to be a historic high for India’s GDP. However, the expected 20% growth rate doesn’t call for celebration just yet. The high growth rate, as evidenced by the extremely poor GDP figures in the last few quarters. So, the expected bounce will be on account of less ‘base effect’ and it will show us that we were getting closer to the economy before Covid hit in the same quarter last year.

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