India's gross domestic product (GDP) grew at 8.4% in the July to September quarter of the ongoing financial year. The number shows a significant improvement as compared to the second quarter of FY20 when GDP declined by 7.4%. The gross value added or GVA, too, grew by 8.5 % in the second quarter, as against the sharp 18.8% growth in the first quarter. Mining, farming and manufacturing activities saw robust recovery aiding the overall expansion in GDP. Can India sustain the pace of recovery? Can the emergence of the new Omicron covid variant erase hard-won gains? We break down the GDP growth beyond headline numbers on the India Development Debate with D.K Joshi, Chief Economist, CRISIL, Aditi Nayar, Chief Economist, ICRA and Siddhartha Sanyal, Chief Economist & Head Research, Bandhan Bank. Tune in!
