
India's GDP Grows 6.2% in Q3 FY25, Recovery Gains Pace
Deccan ChronicleNew Delhi: In line with the economists’ expectations, India’s economy regained the momentum in the December quarter, with its gross domestic product or GDP growing at 6.2 per cent, after slipping to a seven-quarter low of 5.6 per cent in the preceding July-September period. The nominal GDP or GDP at current prices is estimated to attain a level of Rs 331.03 lakh crore in 2024-25 against Rs 301.23 lakh crore in 2023-24, showing a growth rate of 9.9 per cent,” the data showed. “The real GDP or GDP at constant prices in Q3 of FY 2024-25 is estimated at Rs 47.17 lakh crore over Rs 44.44 lakh crore in Q3 of FY 2023-24, showing a growth rate of 6.2 per cent. The nominal GDP or GDP at current prices in Q3 of FY 2024-25 is estimated at Rs 84.74 lakh crore against Rs 77.10 lakh crore in Q3 of FY 2023-24, registering a growth rate of 9.9 per cent,” the data showed. Reacting to the data, chief economic advisor V Anantha Nageswaran said that India's economy must accelerate to 7.6 per cent in the fourth quarter to reach a full-year growth target of 6.5 per cent.
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