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💹 Unpacking the latest GDP figures

Swarajya StaffDec 01, 2023, 09:14 PM | Updated 09:14 PM IST
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Contrary to the Reserve Bank of India's (RBI) projection of 6.5 per cent for the July-September quarter, the actual GDP growth exceeded expectations.

Dear Reader,

The latest GDP figures for the July-September quarter are in! India recorded a robust 7.6% growth, outpacing the predicted 6.8%.

What this means?

  • Chief Economic Adviser V Anantha Nageswaran suggests this might just be the tip of the iceberg.

  • The Finance Ministry, buoyed by these figures, is revisiting its growth forecast for 2023-24, currently pegged at 6.5%.


  • The implications? A stronger-than-anticipated economic momentum.

    What does this mean for you and for India? Jaggi breaks it down for us -- into these numbers, offering insights beyond the headlines.

    Whether you're an economics aficionado or just keen to understand India's economic trajectory, these pieces will provide clarity and context.

    Swarajya Staff

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