India’s Gross Domestic Production registered a growth of 4.4% in the October-December third quarter of the current fiscal. “GDP in the third quarter of 2022-23 is estimated at Rs 40.19 lakh crore, as against Rs 38.51 lakh crore in third quarter of 2021-22, showing a growth of 4.4 percent,” the Union ministry of statistics said in a release.
For the 2022-23 fiscal, the real GDP is estimated to grow at 7 percent as compared to 9.1 percent in 2021-22, the ministry statement said. While Nominal GDP for the year is estimated to grow at 15.9 percent, the statement added.
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