India One Of Few Economies To Witness Growth In 2 Consecutive Quarters, Says Economic Review Report

INSUBCONTINENT EXCLUSIVE:
India GDP Data 2020-21: The country's GDP grew by 1.6 per cent in the last quarter of fiscal 2021After the country's gross domestic
product (GDP) grew by 1.6 per cent in the January-March quarter of fiscal 2021, India is now one of the select few economies in the world
that witnessed positive year-on-year growth in the last two consecutive quarters
growth during the fourth quarter may be linked to the unlocking of the economy and revival in business and consumer confidence that was
cent growth in the third quarter
While the GDP contracted by a record 24.4 per cent in the first quarter of the fiscal and by 7.4 per cent in the second quarter, resulting
sectors
The agriculture sector grew by 3.1 per cent in the fourth quarter of fiscal 2021.The report stated that the economy witnessed a
preceding three quarters
in the January-March quarter
Noting this, the Reserve Bank of India (RBI), in its second bi-monthly Monetary Policy Committee (MPC) meeting, trimmed the real GDP growth