The blockbuster headline January-March and full year GDP numbers have left the government rather chuffed. But some aspects of the data need further explanation
The better-than-expected GDP numbers for January-March and 2022-23 have given confidence to the Indian government s top economist to say that risks to his growth forecast of 6.5 percent for 2023-24 are now evenly balanced
This is in line with the advance estimates released by the National Statistical Office (NSO) in January that pegged the growth for the year ended March 31, 2023, at 7 per cent.