Growth vs Recovery
Let In Q1 of 2019-20
India’s GDP= 100
In Q1 of 2020-21:
100 – 24.9 = 75.1
In Q1 of 2021-22
75.1+ 20.1% of 75 = 75.1 +20.1 × .75 = 90.1951
According to Indian politicians, it is Growth.
In actual, it is recovery.
Truth Behind GDP Growth in Q1
