India's GDP growth accelerates to 8.4% in Q3; FY24 growth pegged at 7.6%

https://youtu.be/lSIj06PJbjM?si=uD7kFStvlWctmMP1

 

  • India's GDP growth accelerates to 8.4% in Q3; FY24 growth pegged at 7.6%

  • India's gross domestic product (GDP) grew 8.4 percent in the December quarter, data released by the Ministry of Statistics and Programme Implementation on February 29 showed, blowing all expectations out of the water.

  • Commenting on the GDP data, Prime Minister Narendra Modi said in a post on X: "Robust 8.4% GDP growth in Q3 2023-24 shows the strength of Indian economy and its potential. Our efforts will continue to bring fast economic growth which shall help 140 crore Indians lead a better life and create a Viksit Bharat!."

  • Growth in the third quarter of the current financial year was propelled by double-digit growth in the manufacturing sector, with construction not too far behind, posting a growth rate of 9.5 percent.

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