Q1 growth rate 20.1%, real GDP still below pre-Covid-19 level
After that the countrywide shutdown had lifted, there was no market or business expansion. Since the pandemic, the Indian economy has been in a developmental crisis, both with government and companies experiencing economic deficits. Now, the Indian GDP (Gross Domestic Product) appears to be shifting slightly, indicating that the markets are going towards financial expansion. This is GDP minus resulting overall taxation, and it represents the growth of the economy.
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