Q3 GDP figures (Analysis)
GDP Q3 figues r out.
GDP Growth rate for Q3 is 4.4%. Now before Chidambaram, Mahua, Sanjay Jha gang spread fake agenda of slow down, let me burst their agenda in advance.
Q1 = 13.5%
Q2= 6.3%
Govt forcast for entire year is 7%
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GDP Q3 figues r out.
GDP Growth rate for Q3 is 4.4%. Now before Chidambaram, Mahua, Sanjay Jha gang spread fake agenda of slow down, let me burst their agenda in advance.
Q1 = 13.5%
Q2= 6.3%
Govt forcast for entire year is 7%
1/6
- Govt already have achieved 13.5% and 6.5% in first 2 quarter n entire year estimate is 7% so it was expected that Q3 figures will be around 4-4.5%
- IDB has projected 6.8%, IMF 7.0% GDP growth in 2022-23 that is highest in world , now after 4.4% in Q3, Govt needs 5.1% in Q4
- IDB has projected 6.8%, IMF 7.0% GDP growth in 2022-23 that is highest in world , now after 4.4% in Q3, Govt needs 5.1% in Q4
To achieve 7% growth in this FY
That is quite achievable so its confirm that India will be fastest economy of world in this FY
- This 4.4% is also satisfactory number due to 3 reasons
1. This is after base effect. GDP growth rate is calculated comparison of previous year numbers
That is quite achievable so its confirm that India will be fastest economy of world in this FY
- This 4.4% is also satisfactory number due to 3 reasons
1. This is after base effect. GDP growth rate is calculated comparison of previous year numbers
Last year actual GDP growth was revised from 8.8% to 9.1% so last year number increased that created base effect n due to that this year number become lesser.
3. In Oct-Dec Quarter, all central banks of world tighten their monetary efforts due to fear of inflation that caused
3. In Oct-Dec Quarter, all central banks of world tighten their monetary efforts due to fear of inflation that caused
slowdown in economic activities
3 As per IMF, growth in global output fell from 6.2% in 2021 to 3.4% in 2022
- Economy of any country is not standalone parameter, Its connected to global economy n considering all these factors, Indian GDP figures of 2022-23 till now r fantastic
3 As per IMF, growth in global output fell from 6.2% in 2021 to 3.4% in 2022
- Economy of any country is not standalone parameter, Its connected to global economy n considering all these factors, Indian GDP figures of 2022-23 till now r fantastic
This year India left behind UK n became 5th biggest economy
-10 years ago in Chidambaram time India was in fragile Five (Five worst performing economies of world)
- But Now IMF put India into bright spot n said India alone will contribute 15% of global growth in 2023
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-10 years ago in Chidambaram time India was in fragile Five (Five worst performing economies of world)
- But Now IMF put India into bright spot n said India alone will contribute 15% of global growth in 2023
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