India's Q4 GDP data likely to be better than estimates, say experts

However, for the full fiscal year, they see economy contracting 7-8%

India’s economy is likely to have grown 0.6-2.1 per cent in the fourth quarter of the fiscal year 2020-21 (Q4FY21), said independent economists and leading rating agencies surveyed by Business Standard, better than the government's prediction of a contraction.
 
However, for the entire FY21, they see gross domestic product (GDP) contracting 7-8 per cent. The growth in Q4 is led by widespread recovery in volumes and also low base effect, while the full-year contraction is mainly on account of a lockdown last year, which shut the economy for months.
 
The National Statistical Office (NSO) will release the GDP