Experts have hailed India’s robust growth in the April-June quarter, saying that the economy has exceeded all expectations.
On India’s GDP growing to 7.8 per cent in Quarter One, of current fiscal, Professor Yashvir Tyagi, an economist, said that he believes the performance shown by the Indian economy has exceeded expectations.
The growth of 7.8 per cent is significantly higher than earlier estimates, which is a positive sign.
Dr. Suresh G. Paradva, Associate Professor, Department of Economics at Saurashtra University in Rajkot has said the GDP growth is up due to good monsoon and there has been a significant increase in agricultural production.
Riding against all odds, India’s gross domestic product (GDP) is projected to grow 6.5 per cent this fiscal with downside risks from the US tariff hikes, according to a Crisil report.
India’s real GDP growth accelerated 7.8 per cent year-on-year in the first quarter of this fiscal, from 7.4 per cent the fourth quarter of last fiscal.
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