At 13.5% in Q1, India’s GDP grows at the fastest pace in a year. business – Times of India Videos

India’s economy grew at the fastest pace in a year. According to data from the National Statistical Office (NSO), India’s GDP grew by 13.5% annually in the April-June quarter of the current fiscal, up from 4.1% in the previous quarter, but lower than the 20.1% recorded in the first quarter. Is. quarter of 2021-22. The growth of 13.5 per cent was lower than the Reserve Bank of India’s estimate of 16.2 per cent for the first quarter of 2022-23. The economy was helped by a favorable base effect and strong growth in farm, services, construction and private consumption.