India News | GDP Grows 7.8 Pc in March Qtr, 8.2 Pc in FY24
Get latest articles and stories on India at LatestLY. India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released on Friday.
New Delhi, May 31 (PTI) India's economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released on Friday.
Growth in the January-March period was lower than the 8.6 per cent expansion in the December quarter.
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The gross domestic product (GDP) had expanded 6.2 per cent in the January-March period of the 2022-23 fiscal year, according to data released by the National Statistical Office (NSO).
As per the data, the economy expanded 8.2 per cent in 2023-24 against a 7 per cent growth in 2022-23.
The NSO in its second advance estimate of national accounts had pegged the country's growth at 7.7 per cent for 2023-24.
China has registered an economic growth of 5.3 per cent in the first three months of 2024.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)