04 DEC,2023 | MEDC
India’s GDP grew at 7.6% in the September quarter of 2023-24. It outperformed expectations by a wide margin. The GDP growth numbers show the resilience and robustness of our economy in the face of a struggling global economy. The November GST collection also rose 15% to Rs 1.68 trillion. That is good news as it demonstrates the rising efficacy of our fiscal system. The robust growth in the construction sector (which expanded by double digits) reflected the front-loading of capital expenditure by the Central and state governments. Given these developments, several economists have also raised their full-year growth projections for India. The challenge now is to maintain this tempo in these times of uncertainty.
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Interactive Meeting with Mr. Jaykumar Rawal Hon'ble Minister for Tourism & Employment Guarantee Scheme Govt. of Maharashtra