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India's economic growth rate in the second quarter of 2023 was 7.6%

Category : Business and economics
Published on: December 04 2023 Share on facebook

Recently the Central Government released the figures of the country's economic growth rate.
These figures are for the second quarter of the financial year 2023-24.
Second quarter means from June to September.
According to this data, the country's economic growth rate in this second quarter has been 7.6%.
The main reason for the economy registering growth is the better performance of the manufacturing, mining and service sectors.
The country's economic growth rate in the first quarter of 2023-24 was 7.8%.
India is the fastest growing economy in the world with a growth rate of 7.6%.
Nominal GDP or gross domestic product at current prices in the second quarter of the year 2023-24 is estimated to be Rs 71.66 lakh crore.
Whereas in the second quarter of the year 2022-23 it was Rs 65.67 lakh crore.

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