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GDP growth halved to 6.3% in Sep quarter of current fiscal

By IANS | Updated: November 30, 2022 18:55 IST

New Delhi, Nov 30 India's GDP growth halved to 6.3 per cent in September quarter of current fiscal ...

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New Delhi, Nov 30 India's GDP growth halved to 6.3 per cent in September quarter of current fiscal from 13.5 per cent growth recorded in June quarter, according to data released by the Ministry of Statistics and Programme Implementation.

The drastic fall in GDP growth in July-September period was mainly due to moderating of a favourable base effect.

The GDP had expanded by 8.4 per cent in September quarter of 2021-22, according to data released by the National Statistical Office (NSO).

The Reserve Bank of India bulletin had projected that GDP growth would be estimated at 6.1 to 6.3 per cent in the September quarter of the current fiscal.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNew DelhiMinistry Of Statistics And Programme ImplementationNational Statistical OfficeMinistry of statistics & programmeMinistry of statistics and program implementationMinistry of statistics and programmeThe new delhi municipal councilDelhi south-westMinistry of statistics & programme implementation
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