Prime Minister Narendra Modi, expressing satisfaction over the third-quarter figures of the current fiscal year, remarked that the robust 8.4% growth in Gross Domestic Product (GDP) demonstrates the strength and resilience of the Indian economy.
In a post on social media platform X, Prime Minister Modi stated, “The strong GDP growth of 8.4% in the third quarter of 2023-24 reflects the strength and resilience of the Indian economy. Our efforts will continue to bring rapid economic development, which will help 1.4 billion Indians live better lives and contribute to building a developed India.”
According to the latest statistics from the National Statistical Office (NSO), the country’s GDP growth rate stood at 8.4% for the third quarter of the current fiscal year 2023-24 (October-December).
The remarkable GDP growth rate underscores the momentum and potential of India’s economy, even amidst global uncertainties and challenges. Prime Minister Modi’s emphasis on sustaining rapid economic growth aligns with the government’s vision of inclusive development, aimed at improving the quality of life for the vast population of 1.4 billion Indians and advancing towards a developed nation status.
The government’s ongoing efforts encompass various initiatives and policies geared towards fostering economic prosperity, creating opportunities, and enhancing the overall well-being of the citizens. As India continues its journey towards economic resurgence and transformation, the robust GDP growth rate serves as a testament to the nation’s economic strength and resilience in the face of evolving global dynamics.