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What does the GDP growth figure tell us?

Finshots Daily

How India's GDP Grew by 20 % in the First Quarter of This Financial Year

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India's g d p grew by a whooping 20 point one % during the first quarter of this financial year. The growth may look exceptional, but that's only because we're measuring this growth based on what happened last year when omic activity came to a grinding halt thanks to a nation wide locked down. A low base can have you convinced that we're growing at an exorbitant pace, when in fact they may not be growing at all. And if things go according to plan, maybe we could be back at preemic levels by the end of this quarter.

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