New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the country’s GDP will grow by 8% or more in the quarter ending March 31.
Speaking during an event in the financial hub of Mumbai, Sitharaman said, “The expectation is that even in the fourth quarter (growth) will be at or above 8%, resulting in average GDP growth of 8% in 2023/24.” or will be more than 8%.%.”
Sitharaman highlights expected expansion rate of 8% y-o-y 2023/24 financial yearThis was attributed to inflation management and improved macroeconomic stability.
GDP data for the January-March quarter is scheduled to be released on May 31. India’s economy grew 8.4% in the October-December quarter, surpassing the previous quarter’s growth of 7.6%. Growth is estimated at 7.6% in the current financial year Economic Development According to government estimates, till March 31.
Speaking during an event in the financial hub of Mumbai, Sitharaman said, “The expectation is that even in the fourth quarter (growth) will be at or above 8%, resulting in average GDP growth of 8% in 2023/24.” or will be more than 8%.%.”
Sitharaman highlights expected expansion rate of 8% y-o-y 2023/24 financial yearThis was attributed to inflation management and improved macroeconomic stability.
GDP data for the January-March quarter is scheduled to be released on May 31. India’s economy grew 8.4% in the October-December quarter, surpassing the previous quarter’s growth of 7.6%. Growth is estimated at 7.6% in the current financial year Economic Development According to government estimates, till March 31.
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