India’s real gross domestic product (GDP) or GDP at constant (2011-12) prices in fiscal 2022-23 (FY23) is estimated at ₹157.60 lakh crore, as against the provisional estimate of GDP for FY22 of ₹147.36 lakh crore, released on May 31 last year. The growth in real GDP during FY23 is estimated at 7 per cent compared to 8.7 per cent in FY22, according to the National Statistical Office (NSO).Nominal GDP or GDP at current prices in the FY23 is estimated at ₹273.08 lakh crore against the provisional estimate of GDP for FY22 of ₹236.65 lakh crore released last May. The growth in nominal GDP during FY23 is estimated at 15.4 per cent compared to 19.5 per cent in FY22.
India's real GDP or GDP at constant (2011-12) prices in fiscal 2022-23 (FY23) is estimated at ₹157.60 lakh crore, as against the provisional estimate of GDP for FY22 of ₹147.36 lakh crore, released on May 31 last year. The growth in real GDP during FY23 is estimated at 7 per cent compared to 8.7 per cent in FY22, according to the National Statistical Office.
NSO under the ministry of statistics and programme implementation released the first advance estimates of national income at both constant (2011-12) and current prices, for fiscal 2022-23 recently.
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