- India's economy grew by 13.5 per cent in the April-June period this fiscal
- The first quarter growth at 13.5 per cent is less than the RBI's projection of 16.2 per cent
- Gross Value Added (GVA) grew by 12.7 per cent to Rs 34.41 lakh crore in April-June this year
- GVA growth in the farm sector is 4.5 per cent in the first quarter compared to 2.2 per cent a year ago.
- GVA growth in the manufacturing sector decelerated sharply to 4.8 per cent during the quarter
- GVA growth in mining is 6.5 per cent in the quarter compared to 18 per cent
- GVA in the construction sector also decelerated to 16.8 per cent in the quarter from 71.3 per cent
- Electricity, gas, water supply and other utility services segment grew by 14.7 per cent
- GVA growth in the services sector -- trade, hotel, transport, communication and services related to broadcasting -- was 25.7 per cent
- Financial, real estate and professional services grew by 9.2 per cent in the first quarter
- Public administration, defence and other services posted 26.3 per cent growth
- The NSO stated that the Nominal GDP or GDP at Current Prices in Q1 2022-23 is estimated at Rs 64.95 lakh crore.
Announcement
Collapse
No announcement yet.
All you need to know about today's GDP numbers
Collapse
X
-
All you need to know about today's GDP numbers
Tags: None