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India's Q1FY23 GDP grows 13.5%, fastest in a year: Govt data

India's GDP growth in Q1FY22 was 20.1%

GDP
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(Photo: Reuters)

Press Trust of India New Delhi
India's economy grew by 13.5% in the April-June period this fiscal -- the fastest in the last four quarters -- on account of better performance by the agriculture and services sectors, official data showed on Wednesday.

India remained the fastest growing major economy as China registered economic growth of 0.4% in the April-June 2022 quarter.

The Indian economy grew by 20.1% in April-June 2021-22, as per the data released by the National Statistical Office (NSO).

The gross domestic product (GDP) expanded by 8.4% in July-September 2021, 5.4% in October-December 2021 and 4.1% in January-March 2022.

The first quarter growth at 13.5% is less than

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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