Indian economy estimated to grow at 9.2 pc in 2021-22: Govt data

The Indian economy is estimated to grow at 9.2 percent in 2021-22, as against a contraction of 7.3 percent in the previous fiscal, mainly due to improvement in the performance of agriculture and manufacturing sectors, the National Statistical Office (NSO) said on Friday.

Releasing the first advance estimates of National Income for 2021-22, the NSO stated, ''The growth in real GDP during 2021-22 is estimated at 9.2 percent as compared to the contraction of 7.3 percent in 2020-21.'' ''Real GVA at Basic Prices is estimated at Rs 135.22 lakh crore in 2021-22, as against Rs 124.53 lakh crore in 2020-21, showing a growth of 8.6 percent,'' it added.