Excellent performance of country’s GDP, quarterly rate was 7.8 percent

New Delhi, 5 June 2026: country The performance of GDP has been excellent. The government has announced that the growth rate in the quarterly period from January to March was 7.8 percent. The country’s GDP growth from January to March 2026 has been excellent. During this period, the country’s economy has grown at a pace of 7.8%, while the economic growth rate in the financial year ending March 31 has been 7.7%.

These figures have been released by MoSPI i.e. Union Statistics Ministry on Friday. According to government figures, this growth has been more than the 7.6% shown in the second estimate of February. It is noteworthy that in the year 2024-25, the real GDP growth of the country was 7.1%. Before the quarter of March 2026, GDP growth was recorded at 8% in the quarter of October-December 2025.

Rs. Nominal GDP crossed Rs 346 lakh crore

According to official data released on Friday, India’s economy has grown at a faster pace of 7.7% during the year 2025-26 as compared to 7.1% in the year 2024-25. The Union Ministry said, ‘The First Revised Estimate (FRE) of GDP for the year 2024-25 is Rs. 299.89 lakh crore, the real GDP (or GDP at constant prices) in the year 2025-26 will be Rs. It is estimated to reach the level of Rs 323.12 lakh crore.

GDP at current prices (or nominal GDP) in the year 2025-26 will be Rs. It is expected to reach the level of Rs 346.36 lakh crore in the year 2024-25. 318.07 lakh crore, which shows a growth rate of 8.9%.

GVA growth recorded at 7.9%

Gross Value Added (GVA) growth, which more closely reflects the economic progress of the country, has been recorded at 7.9% in the quarter of January-March 2026, while the growth rate of GVA has remained the same for the entire financial year 2025-26.

The Statistics Ministry has calculated these GDP figures on the scale of the new base year 2022-23. The base year is changed from time to time to include major changes in the economy over time.

Changes in this new series of GDP have not only been made with respect to the base year of 2022-23, but to make the economic projections stronger, data related to the services of cooks/maids, drivers and domestic staff working in homes has also been included in it. Along with this, GST network and EV database have also been linked.

How will be the GDP growth this year? RBIA gave estimate

The country’s GDP growth may remain slightly weak in the current financial year 2026-27. According to the RBI Governor, India’s real GDP growth rate is estimated to be 6.6% during the current year. Earlier RBIA had estimated the real GDP growth rate to be 6.9%. RBI Governor Sanjay Malhotra said that keeping in mind the global economic challenges, the real GDP growth estimate has been reduced from 6.9% to 6.6%.

As per RBI assessment:

The GDP growth rate in the first quarter (Q1) is estimated to be 6.6%.

It may be 6.3% in the second quarter (Q2).

It may be 6.5% in the third quarter (Q3).

It is likely to be 6.8% in the fourth quarter (Q4).

However, there are some good signs for the economy. country’s Manufacturing Sector And the service sector is in strong condition. The confidence of businessmen has increased and people are spending mindfully, due to which the demand in the market is good. At the same time, despite the increase in expenditure, both government and private investments are showing a rise. A good jump has also been seen in the export of goods and services in April 2026.

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