A Low Growth Rate in The Q1 GDP is a Concern, Said Former RBI Governor D Subbarao

 


Original Content- Business Upside 

India’s Q1 GDP has grown at 13.5%, which means during the past three years, the country’s economy has grown by an average of 1.26 percent a year. So, let’s get into detailed information.

From the April to June quarter, Indian economy growth expanded at its quickest rate in a year as a favourable base effect and increased activity due to the easing of pandemic-related restrictions overshadowed the ripple effects of regional and global concerns.

Current GDP of India 2022   

In Q1 2022–23, the Nominal GDP or GDP at Current Prices is expected to rise 26.7% as opposed to 32.4% in Q1 2021–22, according to a report from the National Statistics Office.

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