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New Delhi: The country’s GDP (GDP) growth rate has come down to 4.4 percent in the third quarter of FY 2022-23. GDP has declined mainly due to the poor performance of the manufacturing sector. This information was received from data released by the National Statistical Office (NSO) on Tuesday.
According to the data released by the government, the Ministry released GDP data saying that in the third quarter of FY 2022-23, GDP reached Rs 40.19 lakh crore, which stood at Rs 38.51 lakh crore in the same quarter last year’s same quarter. Was. In the year 2022-23, the increase in actual GDP is estimated to be 7.0 percent, while in 2021-22 it was 9.1 percent.
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The country’s economy increased at a rate of 11.2 percent in the same quarter of the last financial year 2021-22. At the same time, the economic growth rate in the July-September quarter of the current financial year was 6.3 percent. The NSO has estimated an economic growth rate of seven percent in its second advance estimate in the current financial year. Apart from this, the NSO has revised the growth rate for 2021-22 from 8.7 percent to 9.1 percent.