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Will India's March quarter GDP data spring a pleasant surprise?
Will India's March quarter GDP data spring a pleasant surprise?
RBI has estimated Q4FY23 Real GDP growth to be 5.1 per cent and full year FY23 estimates by National Statistical Office (NSO) is 7 per cent. For 2023-24, RBI is projecting GDP growth at 6.5 per cent with the first quarter (Q1) pegged at 7.6 per cent. The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, experts have said
RBI has estimated Q4FY23 Real GDP growth to be 5.1 per cent and full year FY23 estimates by National Statistical Office (NSO) is 7 per cent. For 2023-24, RBI is projecting GDP growth at 6.5 per cent with the first quarter (Q1) pegged at 7.6 per cent. The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, experts have said