India's GDP grows at 13.5% in April-June quarter of FY23, lower than RBI estimate
2 years, 3 months ago

India's GDP grows at 13.5% in April-June quarter of FY23, lower than RBI estimate

India Today  

India's gross domestic product grew at 13.5 per cent in the April-June quarter of the financial year 2022-23, according to the data released by the National Statistical Office on Wednesday. In its monetary policy meeting earlier this month, the RBI had pegged the growth rate to be around 16.2 per cent in the April-June quarter. In the April-June quarter of 2021, the GDP growth rate was 20.1 per cent. The Nominal GDP or the GDP at current prices in Q1 2022-23 is estimated at Rs 64.95 lakh crore as against Rs 51.27 lakh crore in Q1 2021-22, showing a growth of 26.7 per cent as compared to 32.4 per cent in Q1 2021-22.

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