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Frequently Asked Questions

What are the factors affecting India's GDP growth rate?

Vaccine production has begun on a wide scale in several areas of India, resulting in increased export to other nations and, as a result, an increase in India's GDP. Boom in the Investment Business: Personal and private investment is the most important factor influencing India's GDP.

What was India’s GDP growth rate in 2020?

India gdp growth rate for 2020 was -6.60%, a 10.33% decline from 2019. India gdp growth rate for 2019 was 3.74%, a 2.72% decline from 2018.

How does GDP growth rate compare between India and other countries?

GDP at the constant price is the measure of real economic growth. Comparison between the growth rate of GDP at constant price are used to measure the percentage by which the economy of any country is growing. Pre- independent India suffered major economic contraction, due to Britishers who took India’s wealth to their country.

What sector has the highest GDP growth rate in India in the first quarter of 2021-22?

The 'Construction' has registered the highest growth rate of 68.33% percent in Q1 of 2021-22 over Q1 of 2020-21. On the other hand, the 'Financial, real estate & prof servs' sector has seen the lowest growth rate of 3.69 percent, followed by 'Agriculture, forestry & fishing' (4.52 percent).

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