Keep confidence for yourself

 GDP OF INDIA 

The Gross Domestic Product (GDP) of India is one of the key indicators of its economic performance. As one of the fastest-growing major economies in the world, India's GDP has shown resilience and expansion over the years. With a diverse and robust economy, India's GDP is driven by various sectors, including agriculture, industry, and services. The country has witnessed significant economic reforms, attracting both domestic and foreign investments, which have played a crucial role in stimulating growth. As a developing nation with a vast population, India focuses on achieving sustainable and inclusive growth, aiming to uplift the living standards of its citizens. Despite facing challenges in recent times, India's GDP remains a significant driver of its economic progress, contributing to its position as one of the largest economies globally.

The key development indicator has reached $3.75 trillion in 2023, up from around $2 trillion in 2014. The development was confirmed by Union Finance Minister Nirmala Sitharaman's office in a tweet. India's gross domestic product (GDP) has touched the $3.75 trillion-mark in 2023, up from around $2 trillion in 2014.

India GDP Q4 Growth

India's economy grew 6.1 per cent in the fourth quarter of 2022-23, pushing up the annual growth rate to 7.2 per cent, official data showed on May 31.

Growth in the January-March period was higher than the 4.5 per cent expansion in the previous October-December quarter of 2022-23.

GDP had expanded by 4 per cent in the January-March period of 2021-22, according to data from NSO.

As per the data, the economy expanded 7.2 per cent in 2022-23 against a 9.1 per cent growth in 2021-22.

The NSO in its second advance estimate of national accounts had pegged the country's growth at 7 per cent for 2022-23.

China has registered an economic growth of 4.5 per cent in the first three months of 2023.