GDP Likely Boosted In July-September As Lockdowns Lifted: Poll
NDTV
The November 22-25 poll of 44 economists put the median year-on-year growth forecast at 8.4 per cent in the July-September period.
India's economic recovery likely strengthened in the previous quarter, boosted by services activity that recovered after pandemic-related mobility restrictions were eased, a Reuters poll of economists found.
The November 22-25 poll of 44 economists put the median year-on-year growth forecast at 8.4 per cent in the July-September period. The Indian economy expanded 1.6 per cent and 20.1 per cent in the Jan-March and April-June quarters, respectively.
The report will be released at 5:30 pm on November 30.
"After lagging the recovery during the initial phases, Q3 saw services activity playing catch up. Relative control over new infections, and a large increase in vaccination helped improve services activity," wrote Rahul Bajoria, chief India economist at Barclays.
