💨 Abstract

India's GDP grew by 6.2% in Q3 of the current fiscal year, higher than the previous quarter but lower than the RBI's estimate. The growth is primarily driven by a revival in government expenditure, strong rural demand, and buoyant service exports. The recovery remains uneven across sectors, with urban demand still showing signs of weakness. For the full fiscal year, the government pegs GDP growth at 6.5%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖