The Indian economy’s growth of 9.2% in FY22 comes on the back of a low base effect due to a 7.3% contraction in FY21. In real terms, 2022 GDP will be barely 1.3% higher than that of FY20–a loss of two years.
![](https://images.assettype.com/fortuneindia%2F2022-01%2F32a753f7-5ef5-4cb1-aba5-76c559e1d7d6%2FGDP_GRAPH.jpg?w=668&q=95)
The Indian economy’s growth of 9.2% in FY22 comes on the back of a low base effect due to a 7.3% contraction in FY21. In real terms, 2022 GDP will be barely 1.3% higher than that of FY20–a loss of two years.
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