India's GDP up by 0.4 pc in Dec quarter

India's GDP up by 0.4 pc in Dec quarter
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New Delhi: Indian economy grew by 0.4 percent in the October to December quarter (Q3 FY21), marking a return to a positive trajectory after two-quarters of slides, government data showed on Friday.

A sharp improvement in the Covid-19 situation and rising public spending were are the two factors behind the uptick.

"The GDP at constant (2011-12) prices in Q3 of 2020-21 is estimated at Rs 36.22 lakh crore as against Rs 36.08 lakh crore in Q3 of 2019-20, showing a growth of 0.4 percent," said the National Statistical Office (NSO).