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At 1.3%, India's GDP may turn positive in December quarter: DBS report

The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday

Indian economy, GDP
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India posted de-growth of 24 per cent and 7.5 per cent in GDP in first and second quarters ended June and September 2020

Press Trust of India New Delhi
India's GDP may turn positive at 1.3 per cent in the third quarter of 2020-21, having witnessed contraction in the previous two quarters due to the coronavirus pandemic, as the number of cases is falling and public spending has started rising, according to a report.
 
The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday.
 
Projecting that the gross domestic product (GDP) may have returned to the black in the last quarter of the calendar year 2020, DBS Bank in the report said the full-year growth in real terms may be at a