Experts warn not to confuse high Q1 growth with strong recovery, GDP Q1FY22 numbers awaited today

RBI’s estimate has been revised down from its earlier projected growth of 26.2 percent in the first quarter to 21.4 percent. The central bank, in June, anticipated annual GDP to grow at 9.5 percent instead of 10.5 percent while stringent lockdowns after the second wave of Covid-19 pandemic questioned the growth of the economy.

from Economy-News-Economic Times https://ift.tt/3Du44k1