Indian economy on track, third quarter growth at 8.4%, better than government forecast

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Indian Economy Grows : The central government has announced the figures of the GDP (India GDP) for the December quarter of the current financial year. These figures prove that the Indian economy is moving in the right direction. The growth rate in the third quarter was 8.4%, which is much higher than the forecast figure.

Manufacturing activity is also increasing in the country

According to economic experts, the economic situation has improved due to increased manufacturing activity and government spending in the country. The growth rate in the previous quarter was 7.6%. India is among the fastest growing economies in the world.

World Bank and IMF have also praised

Organizations like the World Bank to the International Monetary Fund are also appreciating India's development. India's GDP grew sharply in the December quarter, according to figures released by the Ministry of Statistics and Program Implementation on February 29. This is the largest increase since the second quarter of 2022, well above the 6.6% forecast.

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