India's GDP in first quarter of current fiscal grows at 13.5 percent, fastest in a year

Daily Current Affairs / India's GDP in first quarter of current fiscal grows at 13.5 percent, fastest in a year

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Category : Business and economics Published on: September 03 2022

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According to the provisional estimates by the Ministry of Statistics & Programme Implementation, the Gross Domestic Product (GDP) of the country for the April-June quarter of the current financial year grew at 13.5 per cent.
Agriculture, Forestry & Fishing sector rose 4.5%. The manufacturing sector grew 4.8% and the Construction sector appreciated by 16.8%.
The GDP segment of Trade, Hotels, Transport, Communication & Services related to Broadcasting, logged growth of 25.7 per cent in the current fiscal.
The Real GDP in Q1 of 2022-23 is estimated to attain a level of 36 lakh and 85 thousand crore rupees, as against 32 lakh and 46 thousand crore rupees in Q1 of last fiscal at 2011-12 Prices.