India’s GDP Growth: National Statistical Office (NSO) on Wednesday launched data mentioning that India’s economic system grew 6.1 p.c in the fourth quarter of 2022-23. Moreover, It has pushed up the annual development price to 7.2 p.c. The data revealed that the expansion in the January-March interval was greater than the 4.5 p.c growth in the earlier October-December quarter of 2022-23.
According to data launched by the National Statistical Office (NSO), the Gross Domestic Product (GDP) had expanded by 4 p.c in the January-March interval of 2021-22. The economic system expanded 7.2 per cent in 2022-23 towards a 9.1 per cent development in 2021-22, it added.Â
The NSO in its second advance estimate of nationwide accounts had pegged the nation’s development at 7 per cent for 2022-23. China has registered an financial development of 4.5 per cent in the primary three months of 2023.