India 2022-23 Q3 GDP Growth Slows To 4.4%: Decoding The India Growth Picture | Indianomics
Автор: CNBC-TV18
Загружено: 2023-02-28
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India’s GDP growth slowed to 4.4% between October to December 2022 quarter from 6.3% in the second quarter (Q2) of 2022-23 as per the National Statistical Office (NSO), which retained its full year growth estimate for the economy at 7%, despite revising 2021-22 GDP rise higher to 9.1% from 8.7% earlier reckoned.
The NSO also revised the growth contraction numbers for the COVID-hit year of 2020-21, pegging the overall hit to the economy that year at -5.7% as per Second Revised Estimates, significantly lesser than its first provisional estimate at -7.3%.
In an exclusive conversation with CNBC-TV18, Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India, Pranjul Bhandari, Chief India Economist, HSBC, A Prasanna, Chief Economist, ICICI Securities Primary Dealership & Sonal Varma, MD & Chief Economist- India and Asia Ex-Japan, Nomura Financial Advisory & Securities, decode the India Growth picture. Listen in.
#indiaQ3GDPgrowth #indiaQ3GDPpicture #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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