This would mean that the NSO projection of a double-dip contraction is avoided. The agency has placed the full-year contraction at 8.45 percent. Its chief economist Aditi Nayar expects the annualised GDP growth at 2 percent in the March quarter, up from 0.40 percent in the December quarter.ICRA pegs India#39;s Q4 GDP growth at 2%; FY21 at 8.45%
This would mean that the NSO projection of a double-dip contraction is avoided. The agency has placed the full-year contraction at 8.45 percent. Its chief economist Aditi Nayar expects the annualised GDP growth at 2 percent in the March quarter, up from 0.40 percent in the December quarter.
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