<p>Union Home Minister Amit Shah on Monday said he hopes the GDP will be back to positive territory in the next quarter, after two consecutive quarters of contraction.</p>.<p>Prime Minister Narendra Modi worked hard for the economic recovery and had also announced a package after the crisis due to coronavirus, Shah said after inaugurating two road over-bridges in Ahmedabad through virtual mode.</p>.<p>"As prime minister, Narendrabhai used the time of Covid-19 pandemic to visualise policy-making, keeping in mind its long-term impact on the economy," Shah said.</p>.<p>Without wasting a second, he worked on reforms in many areas like farm sector, electricity, industrial policy, to create a system to maintain the pace of development, he said.</p>.<p>Towards this end, he offered a package of Rs 20 lakh crore for the welfare of poor people andto give pace to the economy, he said.</p>.<p>"As a result, in terms of the recent GDP figure, we are only six per cent behind...and I hope that in the next quarter,the GDP will be in plus (positive)," Shah said.</p>.<p>The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter (April-June) of the 2020-21 fiscal as the coronavirus lockdown pummelled economic activity.</p>.<p>The country's economy recovered faster than expected in the July-September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent, according to official data released recently.</p>
<p>Union Home Minister Amit Shah on Monday said he hopes the GDP will be back to positive territory in the next quarter, after two consecutive quarters of contraction.</p>.<p>Prime Minister Narendra Modi worked hard for the economic recovery and had also announced a package after the crisis due to coronavirus, Shah said after inaugurating two road over-bridges in Ahmedabad through virtual mode.</p>.<p>"As prime minister, Narendrabhai used the time of Covid-19 pandemic to visualise policy-making, keeping in mind its long-term impact on the economy," Shah said.</p>.<p>Without wasting a second, he worked on reforms in many areas like farm sector, electricity, industrial policy, to create a system to maintain the pace of development, he said.</p>.<p>Towards this end, he offered a package of Rs 20 lakh crore for the welfare of poor people andto give pace to the economy, he said.</p>.<p>"As a result, in terms of the recent GDP figure, we are only six per cent behind...and I hope that in the next quarter,the GDP will be in plus (positive)," Shah said.</p>.<p>The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter (April-June) of the 2020-21 fiscal as the coronavirus lockdown pummelled economic activity.</p>.<p>The country's economy recovered faster than expected in the July-September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent, according to official data released recently.</p>