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Despite surge, Q3 growth seen far below last year's
February 26, 2025
|Hindustan Times Jammu
GDP growth buoyed by rise in government spending and revival in rural demand
NEW DELHI: The Indian economy accelerated to a 6.3% growth in the December quarter from a near two-year low of 5.4% the previous quarter, a Mint poll found, buoyed by higher government spending and better rural demand.
However, this would still be more than two percentage points below the 8.6% increase seen in the year-ago period.
Gross domestic product (GDP) data for the third quarter of FY25 is scheduled to be released on February 28. The government's National Statistical Office (NSO) will also release the second advance estimate for the full fiscal year and may revise GDP estimates for the first two quarters of FY25.
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