https://sputniknews.in/20240106/indias-gdp-to-grow-substantially-in-2023-2024-fy-national-statistical-office-6112316.html
India's GDP to Grow Substantially in 2023-2024 FY: National Statistical Office
India's GDP to Grow Substantially in 2023-2024 FY: National Statistical Office
Sputnik India
India's GDP in FY 2023-24 is set to be supported by manufacturing and government initiatives, as per the National Statistics Office.
2024-01-06T20:15+0530
2024-01-06T20:15+0530
2024-01-06T20:15+0530
business & economy
india
narendra modi
trade corridor
free trade agreement (fta)
sea trade
barter trade
trade barriers
rupee-rouble trade
world trade organization (wto)
https://cdn1.img.sputniknews.in/img/07e8/01/06/6108125_0:0:3071:1728_1920x0_80_0_0_bf7e68a013a7d1281112320997a6a381.jpg
Indian authorities expect the country's GDP to grow at 7.3% in the 2023-2024 fiscal year, helped by government spending and manufacturing growth, the National Statistics Office said.Manufacturing, which accounts for about 17% of India's GDP, will grow 6.5% in 2023-2024 from 1.3% a year earlier, while construction will grow 10.7% from 10% in the previous fiscal year, the NSO said.Growth in agriculture, contributing around 15% of India's GDP, slowed to 1.8% in the current FY from 4% in the previous period, the NSO also stated.
https://sputniknews.in/20231209/indias-current-gdp-growth-is-reflection-of-improving-economy-modi--------5774756.html
india
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2024
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_IN
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
national statistics commission (nso), real gdp, provisional estimates of gross domestic product for the year 2022-23 the central bank of india last month released its economic growth forecast, the first preliminary estimate of annual gdp, with real gdp rising by 7.3%. estimated percentage increase
national statistics commission (nso), real gdp, provisional estimates of gross domestic product for the year 2022-23 the central bank of india last month released its economic growth forecast, the first preliminary estimate of annual gdp, with real gdp rising by 7.3%. estimated percentage increase
India's GDP to Grow Substantially in 2023-2024 FY: National Statistical Office
India's GDP in FY 2023-24 is set to be supported by manufacturing and government initiatives, as per the National Statistics Office.
Indian authorities expect the country's GDP to grow at 7.3% in the 2023-2024 fiscal year, helped by government spending and manufacturing growth, the National Statistics Office said.
"India's GDP Growth May Reach 7.3% in 2023-2024 FY: National Statistics Office "Real GDP in the year 2023-24 is estimated to attain a level of ₹171.79 lakh crore, as against the Provisional Estimate of GDP for the year 2022-23 of ₹160.06 lakh crore, released on 31st May, 2023. The growth in real GDP during 2023-24 is estimated at 7.3%," the National Statistical Office (NSO) said in a statement.
Manufacturing, which accounts for about 17% of India's GDP, will grow 6.5% in 2023-2024 from 1.3% a year earlier, while construction will grow 10.7% from 10% in the previous fiscal year, the NSO said.
Growth in agriculture, contributing around 15% of India's GDP, slowed to 1.8% in the current FY from 4% in the previous period, the NSO also stated.
"Nominal GDP in the year 2023-24 is estimated at ₹296.58 lakh crore, as against the Provisional Estimate of GDP for the year 2022-23 of ₹272.41 lakh crore, released on 31st May, 2023. The nominal GDP growth in 2023-24 is estimated at 8.9% as compared to 16.1% in 2022-23," the NSO said.
