Indian GDP  Economy grows by 7.8% in Q4 and 8.2% in FY 24

Happy to announce that  GDP data has robust economic growth with a rate of 8.2% for the Financial year 2023-2024. And a 7.8% growth rate for Q4 of the Financial Year 2023-2024. This is one of the most remarkable rates. It is counted the highest as compared to major economies of the world. With regards to this news, our Prime Minister Narendra Modi Ji has tweeted on Twitter. Mentioning that “The Q4 GDP growth data for 2023-24 shows robust momentum in our economy. Poised to further accelerate. Thanks to the hardworking people of our country, 8.2% growth for the year 2023-24. It exemplifies that India continues to be the fastest-growing major economy globally. As I’ve said, this is just a trailer of things to come..”    

India is developed day by day with 8.4% development in the last quarter of the year. The development between January- March period was less than 8.6 %.

India GDP growth by 8.2%

As we have received news about the Indian economy. It has exceeded 8.2 percent  in the year 2023-2024 whereas, in the last year, it was 7% in 2022-2023. India Finance Minister Mrs. Nirmala Sitharaman has added on her twitter:

Today’s GDP data showcases robust economic growth with a growth rate of 8.2% for FY 2023-24. And the growth rate of 7.8% for Q4 of FY 2023-24. This remarkable GDP growth rate is the highest among the major economies of the world. It is worthwhile to note that the Manufacturing sector witnessed a significant growth of 9.9% in 2023-24. It highlight the success of the Modi government’s efforts for the sector. Many high-frequency indicators indicate that the Indian economy continues to remain resilient and buoyant despite global challenges. India’s growth momentum will continue in the third term of PM Shri  @narendramodi-led government.

Economic growth

Industries like manufacturing, development, and mining are showing a good amount of development expanding by 8.9%. Horticulture area development is degraded to 0.6%, administration area 7.6%

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