Donald Trump's tariff, which harassed the whole world, could not disturb India's GDP at all. The special thing is that the first quarter figures of India's GDP performed amazing, leaving behind all the estimates. According to government figures, India's growth rate appeared on the high of 5 quarters. India's economic growth rate was 7.8 percent in the April-June quarter of the current financial year. According to the government data released on Friday, GDP (GDP) growth rate has increased mainly due to good performance of agriculture sector. India remains the fastest growing major economy, as China's GDP growth in April-June was 5.2 percent.
According to the data, earlier the highest GDP growth was 8.4 percent in January-March of 2024. According to data from the National Statistics Office (NSO), the agriculture sector recorded an increase of 3.7 percent, which was 1.5 percent in the April-June quarter of 2024–25. The growth rate of manufacturing sector increased to 7.7 percent in the first quarter of FY 2025-26, compared to 7.6 percent in the same quarter a year ago.
According to government data, GDP is estimated to be Rs 47.89 lakh crore on real GDP or stable prices in the first quarter of FY 2025-26, compared to Rs 44.42 lakh crore in the first quarter of FY 2024-25, with a growth rate of 7.8 percent. In the first quarter of FY 2025-26, Nominal GDP or GDP is estimated to be Rs 86.05 lakh crore, while in the first quarter of FY 2024-25 it was Rs 79.08 lakh crore in the first quarter of Rs 79.08 lakh crore, with a growth of 8.8 per cent.