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Basic Indian Economic Data


1. Gross Domestic Product (GDP): In 2020-2021, India's GDP was approximately $2.7 trillion USD (nominal) and $9.4 trillion USD (PPP).

2. GDP Growth Rate: In the fiscal year 2020-2021, India's GDP contracted by 7.3% due to the impact of the COVID-19 pandemic. However, economic recovery is expected in subsequent years.

3. Inflation Rate: The inflation rate in India varies from year to year. In September 2021, the inflation rate stood at around 5.3%, which was higher than the previous year's average due to factors like rising fuel prices and supply chain disruptions caused by the pandemic.

4. Unemployment Rate: The unemployment rate in India can also vary over time. As of September 2021, the unemployment rate was around 8%, reflecting the impact of the pandemic on the job market.

5. Foreign Direct Investment (FDI): India has been an attractive destination for foreign investment. In 2020-2021, India received approximately $64 billion in FDI inflows.

6. Stock Market: The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are the two major stock exchanges in India. The stock market performance can fluctuate based on various factors, including economic conditions, corporate earnings, and global market trends.

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