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Below is Perspective on Q2 GDP data by Mr. Vikash Khandelwal, CEO, Eqaro Guarantees

“ The Q2 growth rate above 8% has propelled India as the World’s fastest-growing major economy. We saw economic activities returning back to normalcy post the second wave earlier this year. This is the fourth consecutive quarter of positive growth after a two-quarter negative growth witnessed last year. The result of the government spending is visible in the contribution of the real estate and construction sector to the growth. Agriculture has chipped in too on the back of a good monsoon. I hope that the RBI continues to support growth with its accommodative policy even though there is a threat of inflation derailing the trajectory.”

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