A Low Growth Rate in The Q1 GDP is a Concern, Said Former RBI Governor D Subbarao

1. A Low Growth Rate in The Q1 GDP is a Concern, Said Former RBI Governor D Subbarao India’s Q1 GDP has grown at 13.5%, which means during the past three years, the country’s economy has grown by an average of 1.26 percent a year. So, let’s get into detailed information. From the April to June quarter, Indian economy growth expanded at its quickest rate in a year as a favourable base effect and increased activity due to the easing of pandemic-related restrictions overshadowed the ripple effects of regional and global concerns. Current GDP of India 2022

2. In Q1 2022–23, the Nominal GDP or GDP at Current Prices is expected to rise 26.7% as opposed to 32.4% in Q1 2021–22, according to a report from the National Statistics Office. India’s Q1 Gdp Remains Below RBI’s Estimate Real GDP, also known as Gross Domestic Product (GDP), is expected to reach a level of 36.85 lakh crore in Q1 2022–23, up from 32.46 lakh crore in Q1 2021–22, representing a rise of 13.5% as opposed to 20.1% in Q1 2021–22. Between April and June 2022–2023, India’s GDP expanded by 13.5%. This is less than the 16.2% economic growth predicted by the RBI. You can read the full content: https://www.businessupside.in/a-low-growth-rate-in-the-q1-gdp-is-a-concern-said-former-rbi-governor-d-su bbarao/ Business Upside India Email ID: support@businessupside.co m Phone No.: 1800-270-3002 Visit Us: https://www.businessupside.in/ Stay Connected Via: https://www.facebook.com/businessupside https://www.youtube.com/c/BusinessUpside https://twitter.com/BusinessUpside1 https://www.instagram.com/businessupsideusa/ https://www.linkedin.com/company/businessupside/