India's Q1 FY22 GDP estimate at constant prices ₹32.38 lakh cr: NSO

Quarterly gross value added (GVA) at basic price at constant (2011-12) prices for Q1 2021-22 is estimated at ₹30.48 lakh crore, as against ₹25.66 lakh crore in Q1 of 2020-21, showing a growth of 18.8 per cent.

GDP at current prices in Q1 2021-22 is estimated at ₹51.23 lakh crore as against ₹38.89 lakh crore in Q1 2020-21, indicating a growth of 31.7 per cent compared to a contraction of 22.3 per cent in Q1 2020-21. GVA at basic price at current prices in Q1 2021-22 is estimated at ₹46.20 lakh crore compared to ₹36.53 lakh crore in Q1 2020-21—a growth of 26.5 per cent, NSO said in an official release.

The estimates may be revised later. The next release of quarterly GDP estimates for the July-September quarter will be on September 30.

ALCHEMPro News Desk (DS)