Real GDP estimated to grow by 5.4% in Q2 of FY 2024-25

AMN

Real Gross Domestic Product (GDP) has been estimated to grow by 5.4 percent in the July-September Quarter 2 of the current Financial Year. According to the Ministry of Statistics and Programme Implementation, real Gross Value Added (GVA) has grown by 5.6 percent during the same period.

The agriculture and allied sectors have bounced back by registering a growth rate of 3.5 percent in second Quarter. The Ministry said that real GDP in the second Quarter of 2024-25 is estimated at over 44 lakh crore rupees, compared to 41.86 lakh crore rupees in the corresponding period of 2023-24, showing a growth rate of 5.4 percent. Real GVA in Quarter 2 of 2024-25 is estimated at 40.58 lakh crore rupees, compared to 38.42 lakh crore rupees in the second Quarter of 2023-24, showing a growth rate of 5.6 percent.