New Delhi: India’s economy grew 6.1 per cent in the fourth quarter of 2022-23, pushing up the annual growth rate to 7.2 per cent, official data showed on Wednesday.
Growth in the January-March period was higher than the 4.5 per cent expansion in the previous October-December quarter of 2022-23.
The Gross Domestic Product (GDP) had expanded by 4 per cent in the January-March period of 2021-22, according to data released by the National Statistical Office (NSO).
As per the data, the economy expanded 7.2 per cent in 2022-23 against a 9.1 per cent growth in 2021-22.
The NSO in its second advance estimate of national accounts had pegged the country’s growth at 7 per cent for 2022-23.
China has registered an economic growth of 4.5 per cent in the first three months of 2023.
PTI
GDP grows 6.1 pc in March quarter, 7.2 pc in FY23 added by Press Trust of India on
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