New Delhi. Finance Minister Nirmala Sitharaman said on Friday that 8.2 percent GDP growth in the financial year 2023-24 is fantastic and the pace of growth will continue in the third term of the Modi government. According to the data released on Friday, the GDP growth rate may be 8.2 percent in the financial year 2023-24 and 7.8 percent in the fourth or March quarter of the financial year 2023-24.
Sitharaman wrote on the social media platform ‘X’, “This remarkable GDP growth rate is the highest among the major economies of the world.” She said that the manufacturing sector grew significantly by 9.9 percent during 2023-24, which shows the success of the Modi government’s efforts for this sector.
Sitharaman said that many high frequency indicators (GST collection, electricity consumption, freight figures etc.) show that the Indian economy remains strong despite global challenges. She said, “India’s growth momentum will continue in the third term of the government led by Prime Minister Narendra Modi.” Voting for the last phase of the Lok Sabha elections will be held on Saturday, while the results will be declared on June 4.