India’s GDP Grows 8.2% In FY24 Against 7% In FY23

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India’s real GDP is estimated to grow by 8.2 percent in the Financial Year 2023-24 as compared to the growth rate of 7 percent registered in Financial Year 2022-23. According to the Ministry of Statistics and Programme Implementation, real GDP or GDP at constant prices is estimated to attain a level of over 173 lakh crore rupees in the year 2023-24.

In a statement, the Ministry said, nominal GDP or GDP at current prices is estimated to attain a level of over 295 lakh crore rupees in the year 2023-24, against 269.50 lakh crore rupees in 2022-23, showing a growth rate of 9.6 percent. 

Disclaimer: This press release is sourced from News On AIR, Prasar Bharti and Press Information Bureau India (PIB).

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