Q1 GDP data: Indian economy grows 7.8% in April-June quarter, government data shows


NEW DELHI: India's Gross Domestic Product (GDP) grew 7.8 per cent in the April-June quarter of FY 24, compared to 13.1% growth rate witnessed in Q1 of FY 2022-23, data released by government showed.


The Central government's NSO office on Thursday released the GDP figures for the first quarter of the new financial year.


India remained the fastest-growing major economy as China's GDP growth in the April-June quarter was 6.3 per cent.


The South Asian nation overtook Britain last year to become the world's fifth-largest economy, and recently surpassed China to become the most populous country.


Its growth has rebounded since the Covid-19 pandemic - up 7.2 percent for the year to March - and has remained near the top of the pack among the world's biggest economies.


Thursday's figure was the highest in four quarters, with official statistics showing on-year growth of 12.2 percent for the financial, real estate and professional services sectors.


As per the NSO data, the agriculture sector recorded a 3.5 per cent growth, up from 2.4 per cent in the April-June quarter of 2022-23.


However, the growth in the manufacturing sector decelerated to 4.7 per cent in the first quarter of the current fiscal compared to 6.1 per cent in the year-ago period.


The nominal GDP or GDP at current prices in Q1 2023-24 is estimated at Rs 70.67 lakh crore, as against Rs 65.42 lakh crore in Q1 2022-23, showing a growth of 8 percent as compared to 27.7 percent in Q1 2022-23, data showed.






World Bank last time did not trust our govt data.


Sarthakbhagatt instagram

did world bank executive call you and told that they don't trust our govt




Modi destroyed india growth by shutting down country for covid drama. Now economy is growing from bottom. It has not come back to even pre covid level.



Vijay Khatu

for us our PM & fm are final authority.



Sankar Pishra Ji

Can you explain how I as tax payer has benefited from this growth.



Suvle Seeker

Very good. But still not 10%. Clearly family and caste based run states are acting as dead weight. 10% annual growth rate is a necessity to get India to 10 T economy by 2030-32.




No matter what the powers against India do….people of India will remain behind right wing and their leaders….Jai Hind



Satya Murthy

Please note MOdiji Global No. 1 person for last nine years... Jai Bharat.. jai MOdiji




Undoubtedly, we are the fastest Growing nation thanks to the Visionary leadership of PM Modi. We don't need any GDP number to prove this. Indians are thriving in each and every sector and in the new Digital world, we are running at the forefront.



BS Chauhan

Indian economy is booming because corruption and leakages in infrastructure development are minimal, there is a positivity in industrial production and FDI is coming at fast pace. Only hard pressed are mid Income people as they are not able to save for the future as high Income Tax is eating their savings. Low income group is getting all government benefits and many among them by falls declarations in their income. The opposition corrupt parties are fighting for their survival and making uncalled for accusations and spreading negativity.




Sarthakbhagatt instagram

India is shining and progressing and world accepts even google search shows india is fastest growing country.




Opposition parties have already dismissed this data as govt propaganda. Now they have started shouting against Adani..Adani..Adani. Pappu, Mamta begum, all and sundry netas have found new topic to start protests in front of Gandhi statue.



Pradeep Mehta

Opposition parties and the foreign powers want regime change in India because their fear is real. Modi will take India to the level which is not liked by them.




In 2004 GDP was 720 billion dollars and in 2014 it was 2.1 tillion dollars. GDP grew almost 300% in 10 years during 2004-14. By 2024 the GDP will be 3.4 trillion dollars from 2.1 trillion dollars is 2014. So in 10 years during 2014-2024 GDP will grow just 65%. Now compare who was good in economic growth and who is good in pum up fake economic numbers despite minimal economic growth. Numbers and facts speak for themselves. Fake and fudged falsehood can't defeat the genuine economic expertise.



Guest Login

India is regaining its lost position in the world…Modi haters will never accept..who cares?



Guest Login

Gujjubhai Modi will never make any loss for India’s bussiness..We are on right path…



Satya Murthy

This is difference between Patriotic Modiji and Puppet MMS.. JAI BHARAT




Congress Soros gang became very sad hearing anything good about India.



Sarthakbhagatt instagram

As per google search, the World Bank statement in June 2023 - India would remain the fastest-growing economy in terms of both aggregate and per capita gross domestic product (GDP) among the largest emerging market and develo economies. It retained India's FY24 growth forecast at 6.3 per cent.




Amazing. It is not easy to run India and this is spectacular achievement



Guest Login

Why congress supporters are jobless? Oh as thier boss also jobless…


三泰虎原创译文,禁止转载!:首页 > 资讯 » 印度第一季度GDP数据显示,印度经济在4-6月季度增长7.8%