Real GDP growth or Gross Domestic Product (GDP) growth of India at constant (2011-12) prices in the year 2023-24 is estimated at 8.15 percent compared to the growth rate of 6.99 percent in 2022-23. In 2022-23, India has recorded the 2nd highest growth rate in past 7 years. GDP grow...
The Indian Prime Minister Narendra Modi won a third consecutive term in office in June 2024, and is set to continue his pro‑growth policies through a range of government initiatives likeMake in IndiaandDigital India. The former is aimed at boosting the country’s manufacturing sector, while ...
Overview of India’s Real GDP Growth India is the third-largest economy in Asia. In 2021, India's real GDP rose 9% over the previous year and reached $3 trillion. Between 2010 and 2021, India's economy expanded by a CAGR of 5.3%. However, an increase in COVID-19 cases and rising...
Overall real GDP growth rate of FY23 is estimated at 7.2% which is much lower than that of 9.1% in FY22. Growth rates of Indian economy were 13.1 per cent in Q1, 6.2 per cent in Q2 and 4.5 per cent in Q3 respectively of FY23, compared to respective quarters of last year.Ravi ...
while the latter focuses on creating a digital infrastructure, delivering services digitally and increasing digital literacy. High levels of income inequality and complex labour laws remain challenges for the government to tackle. TheIMFis expecting India to register real GDP growth of 7.0% in 2024 ...
The Reserve Bank of India (RBI) has revised its real gross domestic product (GDP) growth for the year to 5 per cent from 6.1 per cent projected earlier. The growth in GDP slumped to over six-year low of 5 per cent in the April-June quarter and 4.5 per cent in July-September ...
Religions:Hindu 80.5%, Muslim 13.4%, Christian 2.3%, Sikh 1.9%, other 1.8%, unspecified 0.1% (2001) National Holiday:Republic Day, January 26 Literacy rate: 74.4% (2018 est.) Economic summary:GDP/PPP(2020 est.): $8,443,360,000,000; per capita $6,100.Real growth rate:4.86%.Inflatio...
The recent GDP growth figures of 5.4% year over year1for the second quarter of fiscal year 2024 to 20252probably caught markets off guard (it was significantly below the Reserve Bank of India’s projection of 6.8%). Slower growth in the first half of the fiscal (6%) led the RBI to bri...
GDP (PPP): $11.5 trillion Per Capita GDP (PPP): $7,763 Real GDP Growth Rate: 6.6% Population (millions): 1,339 Ethnic Diversity: 72% Indo-Aryan; 25% Dravidian; 3% Mongoloid and other Related Resources For more information on India's medical market, please visit ourResource Center. We...
real GDP growth rate 7.58% 5.05% The real GDP growth rate represents the year-over-year GDP growth, calculated by taking into account the price fluctuations caused by inflation. Gini Index 32.8 38.3 The Gini Index represents a statistical measure used to assess income inequality within a country...