India 360: India's Economic Growth Estimated At 8.7% In FY22, Q4 GDP Slows To 4.1%
Zee Business Video Team | Updated: June 1, 2022 07:48 AM IST
In the fourth quarter of the financial year 2021-22, the government has suffered a setback on the GDP front, India's GDP growth rate was 4.1% in the fourth quarter (January-March). According to experts, the main reason for the slowdown in the growth rate is inflation. GDP growth for the financial year 2021-22 was recorded at 8.7%. At the same time, in the third quarter of the financial year (October-December), the economic growth rate i.e. GDP was 5.4%. The country's GDP growth rate stood at 20.1% in the April-June quarter and 8.4% in the July-September quarter.
