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RBI Projects India’s Real GDP Growth at 6.5% for FY 2025-26 –

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The country’s real Gross Domestic Product (GDP) is estimated to grow by 6.5 per cent in the financial year 2025-26. In the last quarter of the financial year 2024-25, real GDP has been estimated to grow by 7.4 percent. According to the Statistics and Programme Implementation Ministry, nominal GDP has witnessed a growth rate of 9.8 percent in the financial year 2024-25. The construction sector was the major driver of the economy during the last financial year, with the estimated growth of 9.4 per cent. Public administration, defence and other services sector growth is estimated 8.9 per cent during the financial year 20224-25. The financial, real estate and professional services sector witnessed a growth of 7.2 percent in the same period. Real GDP or GDP at constant prices is estimated to attain a level of 187.97 lakh crore in the financial year 2024-25, while the nominal GDP or GDP at current price is estimated to attain a level of 30.68 lakh crore rupees in the FY 2024-25.

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Campaigning ends for second and final phase of assembly elections in West Bengal; Polling on Wednesday

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