The Indian economy is growing rapidly
GDP Growth: The Indian economy is growing rapidly. The government issued the second Quarterly GDP data. Financial year 2025-26, July-September quarterly GDP increased 8.2%. This is wrong proved by the Economist and the Reserve Bank of India’s forecast. In the last 18 months, this has been the best performance of GDP.
PM Narendra Modi expressed happiness with this economic performance. This is very exciting, PM said. This is a reflection of the impact of our growth-friendly policies and reforms. It reflects the hard work and institutional spirit of our people. The government will continue to reform and make life easier for every citizen, PM Modi said. Finance Minister Nirmala Sitharaman praised the performance of the economy.
The GDP growth in the second quarter of the previous fiscal was as low as 5.6 per cent. As the economy is moving ahead in top gear this year, it is said that it will be easy for the growth rate to remain above 7% in the entire financial year 2025-26, and India will retain its status as the fastest growing economy in the world. In the quarter under review, the growth rate of the manufacturing sector was 9.1 per cent, construction was 7.2 per cent, and growth of financial, real estate, and professional services was 10.2%. During that time, the growth rate of agriculture was 3.5%; the growth of electricity, gas, water supply, and other utility services was 4.4%.
