Why in news?
Ministry of Statistics and Programme Implementation (MoSPI) released the GDP data for the first quarter of the current financial year (2021-22)
What are available data for Q1?
What are the reasons?
How is the growth seen by experts?
What does this call for?
GDP vs GVA
GDP = (GVA) + (Taxes earned by the government) — (Subsidies provided by the government)
Source: The Indian Express