Lagatar24 Desk
New Delhi, Aug 31: In the April-June quarter of the financial year 2022–23, the National Statistical Office (NSO) reported that India’s GDP increased by 13.5%.
The NSO data show that the agriculture sector grew by 4.5% as opposed to 2.2% on a year-over-year basis.
In comparison to the same quarter last year, when it increased by 4.9%, the manufacturing sector expanded by 4.8% this quarter.
Real GDP for the 1st quarter (April-June 2022-23) shows a growth of 13.5% as compared to 20.1% in Q1 2021-22.
Q1 2022-23 is estimated to attain a level of Rs 36.85 lakh crores, as against Rs 32.46 lakh crores in Q1 2021-22.
— ANI (@ANI) August 31, 2022
The GDP growth rate in the April to June quarter of 2021 was 20.1%.
The RBI had stated in its monetary policy meeting earlier in August that the GDP growth rate is probably going to be around 16.2% in Q1.
